Staff Writer
The People’s Own Savings Bank (POSB) has unveiled a Solar and Starlink Loan, a transformative financing solution designed to help schools and staff in the education sector across Zimbabwe to access reliable solar energy and high-speed internet connectivity via Starlink.
Chief executive Garainashe Changunda in a statement said this people-centric initiative is a direct response to the
Staff Writer
FINANCIAL services group Zimre Holdings Limited (ZHL) says its key priorities for the year include driving balance sheet optimization, improving collaboration across strategic business units, and the revitalization of better-performing assets, Insurance24 reports
Staff Writer
First Mutual Holdings (FMHL) Insurance Contract Revenue (ICR) for the half-year period to June 30, 2024, grew by 15 percent year-on-year to US$84,009 mln compared to US$73,193 mln for the same period in 2023, primarily driven by increased customer uptake.
Chief executive Doug Hoto told shareholders at the group’s annual general meeting (AGM) that the pure USD ICR contribution remained
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Old Mutual Zimbabwe launched its nationwide #WinterWarmer Campaign, a compassionate initiative designed to support the country’s most vulnerable communities during the harsh winter season.
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OLD Mutual Insurance Company says its aggressive drive to expand market reach and roll out innovative products underpinned double-digit revenue growth for the year ended December 31, 2024.
Gross premium written (GPW) rose 10% to ZiG1,137 billion from ZiG1,040 billion in 2023, buoyed by new business acquisition and a strong retail portfolio, which grew to contribute 40% of GPW compared
Staff Writer
The Zimbabwe Stock Exchange Holdings (ZSEH) has self-listed on its Main Board by way of introduction, and trading of its securities will commence on July 11, 2025.
Chief executive Justin Bgoni said the listing is part of the ZSE’s transformational journey, which began in 2020 and is now coming to a close with the accomplishment of ZSE Holdings’ self-listing on the ZSE.
He said
Staff Writer
First Mutual Holdings (FMHL) consolidated Insurance Contract Revenue (“ICR”) for the period ended 31 March 2025 was $41.7 million, reflecting a 17% increase compared to the prior year.
The group in a trading update said the growth was driven by sustained customer confidence in the Group’s insurance offerings.
Absolute foreign currency (USD, BWP and MZN) constituted 82% of the Group’s
Staff Writer
Harare, The People’s Own Savings Bank (POSB) has unveiled one of its newest financial product — the POSB Payday Loan — a fast, flexible, and fully automated loan facility designed to give customers the freedom to manage their finances with ease and confidence.
With the POSB Payday Loan, customers no longer need to wait for payday to take care of life’s important moments. Whether
POSB Continues Sponsorship Of The Capital Markets High School Quit
Staff Writer
Harare: The People’s Own Savings Bank (POSB) has reaffirmed its commitment to youth empowerment and financial literacy by continuing its sponsorship of the 2025 Capital Markets High Schools Quiz Competition, which officially kicked off on Thursday.
This year’s competition holds special significance as it coincides with
HARARE: OLD Mutual Zimbabwe’s decision to sponsor the 4th edition of the Capital Markets High School Quiz Competition underscores its critical importance in cultivating future generations of informed investors and financially literate citizens, the company has said in a statement to this publication.
This commitment directly aligns with the company’s long-term vision