Search results for 'Reinsurance'
Zimbabwe
South Africa's Insurance Market in Turmoil: Reinsurance Rates Soar, Power Grid Collapse Looms

South Africa's insurance market, once considered the most developed in Africa, is facing serious challenges due to rising reinsurance rates, which are outstripping the global trend. Claims pay-outs fr

Mar 30, 2023
Companies
ZIMRE Holdings Pursues North-Central Africa Growth Policy

IMRE Holdings, a diversified financial services group, is poised for growth as it pursues a strategic expansion into North and Central African markets through its North-Central Africa growth policy.

May 28, 2024
Companies
ZHL Set Sites on North Africa, Posts US$6.8 Million Profit

Zimre Holdings Limited (ZHL Group) is planning to expand its footprint in North Africa, tapping into the vast opportunities presented by the African Continental Free Trade Area (AfCFTA). The group re

Oct 02, 2024
Companies
Zimre Holdings to List Emeritus International on Botswana Stock Exchange After a Mega Profit Jump in 2024

Zimre Holdings Limited (ZHL) plans to list its reinsurance subsidiary, Emeritus International, on the Botswana Stock Exchange (BSE) in 2025, marking a pivotal step in its pan-African growth strategy.

Apr 16, 2025

Top Stories

Zimbabwe's Trade Deficit Contracts for the First Time in 2025

Zimbabwe's trade deficit has narrowed for the first time in three months, reaching US$118.7 million in April 2025, a 49.5% decrease from the March deficit of US$235.2 million, according to the latest

17 hours ago

Zimbabwe’s Banking Sector in Q1: A Comparative Performance Analysis

Zimbabwe’s banking sector has demonstrated resilience and adaptability in the first quarter of 2025, overcoming a complex economic environment shaped by the ZiG currency’s introduction, inflationary p

23 hours ago

Unifreight Projects US$32 Million Turnover for FY2025, Betting on  Cross-Border, 4PL Units

Unifreight Africa is projecting a FY2025 top line of US$32 million building on its latest investments in Fourth-Party Logistics (4PL) and Cross Border Units which came online barely 12 months having l

1 day ago

Mealie Brand Introduces Cost-Saving Manufacturing Process

Zimplow Holdings, Zimbabwe's leading supplier of agricultural, mining, and automotive equipment, has introduced a new re-engineering manufacturing process at its Mealie Brand unit, according to the la

May 23, 2025

Zimbabwe Records Highest Electricity Output, New Projects Online Bring Renewed Hope

Zimbabwe has achieved a historic milestone in its energy sector, recording its highest electricity generation output to date at 1,619 MW, according to the latest data from the Zimbabwe Power Company (

May 23, 2025

ZiG Firms for the First Time on Formal Market, Ends Bearish Streak Since April

The Zimbabwe Gold (ZiG) appreciated for the first time on May 21, 2025, strengthening to 26.8853 from 26.9786 per dollar the previous day, breaking a chain of loss-making streaks since April 25, when

May 23, 2025

First Capital's Non-Performing Loans Down to 3.7%: Testament to Enhanced Risk Management

First Capital Bank, Zimbabwe’s renowned financial services outfit, has achieved a remarkable feat in the first quarter of 2025, with non-performing loans (NPLs) plummeting from 7% in Q1 2024 to 3.66%

May 22, 2025

AXIA’s DGA Segment Sustains Sluggish Performance in Q3 FY2025

Axia Corporation Limited's Distribution Group Africa (DGA) segment has sustained a sluggish performance in the third quarter of FY2025, ended March 31, 2025, compared to the same period last year, whi

May 22, 2025