Search results for 'Insurance'
Zimbabwe
Old Mutual Tests Zimbabwe’s Return to Group Earnings After Seven-Year Ring-Fence
Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years
Sep 08, 2026
Companies
Fidelity Life’s Insurance Service Swings Into Loss as Investments Carry Earnings
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Oct 08, 2026
Companies
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026
Zimbabwe
Zimbabwe's Insurance Claims Crisis Exposes a Regional Protection Gap as South Africa Recovers R443 Million for Consumers
Zimbabwe's short-term insurance industry is facing growing scrutiny over delayed claims settlement, with 117 of the 144 complaints received by the Insurance and Pensions Commission (IPEC) during the f
Nov 04, 2026
Zimbabwe
18 Years of Maize Volatility Expose Southern Africa's Unfinished Food Security Challenge
Zimbabwe's maize production has increased 17.1% to approximately 2.68 million tonnes in 2026, strengthening national food supplies after years of severe harvest fluctuations, but the recovery faces an
Nov 04, 2026
Companies
ZB Lending Surges 78%, Profit Falls 31% as Core Earnings Recovery Exposes Revenue Dependence
ZB Financial Holdings recorded a 78% increase in mortgages and other advances to ZWG5.52 billion during the nine months ended 30 September 2026, although profit after tax declined 31% to ZWG420 millio
Nov 12, 2026
Companies
CBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
Nov 12, 2026
World
Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
