Old Mutual Zimbabwe has invested in various initiatives aimed at promoting financial inclusion as part of the group’s efforts to support the economy.

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CBZ Holdings says its insurance cluster secured key partnerships and affinities in 2024 and increased dollarisation of the book to 83 per cent.

The group’s insurance units include CBZ Life, CBZ Insurance and CBZ Risk Advisory. This is in addition to the group’s other subsidiaries in banking, investments, wealth management, mortgages and retail finance.

In the year to December 31, 2024,

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HARARE, By embracing insurance, Zimbabwean banks can enhance their services, drive growth, and improve financial inclusion.

As the industry continues to evolve, innovative partnerships and customer-centric approaches will be crucial to success.

Integrating insurance into banking services offers numerous benefits

>Increased Customer Loyalty: By providing insurance products, banks can

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HARARE, Econet Wireless Zimbabwe Ltd says its subsidiary, Ecocash Holdings, is in the process of changing its name to remove the reference to EcoCash as the Company no longer owns EcoCash and the other Fintech businesses.

This comes as in  April 2024, Econet Wireless Zimbabwe Limited and EcoCash Holdings Zimbabwe Limited concluded a Scheme of Reconstruction whereby all the Financial

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HARARE, Retailer, Ok Zimbabwe says it has begun restocking its units across the country with support from supplier partners as well as financial institutions that continue to assist with short-term funding structures.

The company also said it has developed new alternative procurement models which include, but are not limited to, a structured stock supply arrangement with a third party

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The Insurance and Pensions Commission says the industry needs to rethink how it trains and develops itself to navigate emerging complexities and continue to deliver value-added insurance 24 reports.

This comes as the insurance industry is undergoing tremendous transformation, driven by technological advancements, changing consumer expectations, and increasing risk complexity.

Addressing

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HARARE, Econet Wireless says its life insurance business, EcoSure, recorded a 51% growth in transaction volumes compared to the same period last year as it continues to offer digital bundled products for a wider customer reach.

In its trading update for the 3rd quarter 2023, the firm said the short-term insurance business, Moovah continued to grow its portfolio driven largely by new

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Harare, The Zimbabwe Stock Exchange (ZSE) has notified the investing public of the voluntary termination of the listing of the Old Mutual Top Ten Exchange Traded Fund, effective 17 January 2025.

The unitholders of the Old Mutual Top Ten Exchange Traded Fund met on 12 December 2024 and resolved to voluntarily terminate the Exchange Traded Fund’s listing on the ZSE under Section 11

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Unitholders for the Old Mutual Zimbabwe Stock Exchange Top Ten Exchange Traded Fund (OM ZSE TT ETF) have approved the ETF’s delisting and termination of the fund and distribution of all the assets to the current unitholders.

At an Extraordinary General Meeting (EGM) of Unitholders held on December 12, 2024, 20,930,189 shares, representing 99.99 percent of the unit holders, voted