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
Zambia
Zambia Re Grows Business by 11%, Kwacha Took Back Most Gains

Zambia Reinsurance has seen an 11% growth in reinsurance revenue to 155.7 million in 2025 according to the full year financials despite net profit falling by 73%. The company executed its core busine

Mar 17, 2026
Zambia
Klapton Re Delivers Record Underwriting Performance as Insurance Service Result Surges 81% to ZMW 668 Million on Elite 78% Combined Ratio

Klapton Reinsurance has posted its strongest operational results since inception, with the insurance service result, the clearest measure of core reinsurance profitability under IFRS 17, surging 80.8

Apr 08, 2026
World
Klapton Reinsurance Plc: Africa's Global Underwriter Takes Its Seat on the Lusaka Exchange

Klapton Reinsurance Plc completed a direct listing on the Lusaka Securities Exchange on 24 March 2026, offering up to 25 percent of its issued share capital comprising 2,821,875,000 ordinary shares a

Apr 14, 2026
Companies
The Great Africa Trek Pays Off: Regional Footprint Sprints Zimre to a Historic 142% Profit Surge

Zimre Holdings Limited has reported a 142% increase in profit for the first quarter ended 31 March 2026, rising from US$1.70 million to US$4.12 million, driven by strong top-line performance across al

May 18, 2026

Top Stories

Squeezing the Soil: How GMB’s Over ZiG 200 Million Arrears Threaten the Next Season

The Grain Marketing Board is owing 17.27% of ZiG payment obligations to farmers who delivered grain in the  FY2025 marketing season amounting to ZiG 50,192,313.52. Transporters who hauled grain to GM

1 hour ago

A Historic First: Zimbabwe Confirms Highest Maize Harvest in National History

Zimbabwe's maize harvest has risen from 2,341,857 metric tonnes presented during the 16th Post-Cabinet Briefing to 2,824,110 metric tonnes confirmed at the 18th Post-Cabinet Briefing on 9 June 2026, a

1 day ago

Zimbabwe’s Soyabeans Domestic Supply Jumps to 54% from 19% in 2015:Highest Yield Post Land Reform

Zimbabwe's 2025/26 soyabean harvest reached 119,067 metric tonnes from 56,562 hectares harvested, according to the Second Round Crop, Livestock and Fisheries Assessment Report presented to Cabinet on

1 day ago

Zimbabwe’s Cement Industry: What Record Cement Imports Tell Us About the Economy

Zimbabwe's monthly Portland cement import bill reached USD 12.02 million in April 2026, the highest single monthly value recorded in the sixty-four months dataset running from January 2021 through Apr

Jun 09, 2026

SADC Growth Shift: Zimbabwe Builds Capacity as South Africa Loses Investment Momentum

South Africa's economy expanded 0.5% quarter-on-quarter in Q1 2026, its sixth consecutive quarter of growth and the strongest performance since Q2 2025, as nine of ten industries registered positive o

Jun 09, 2026

Why Diesel Imports Set New Monthly Record of Above USD 130 Mn: Barometer of Production?

Zimbabwe's April 2026 diesel import bill reached USD 132.5 million, a 44.6% increase from March 2026's USD 91.6 million and the highest monthly value recorded from December 2022 through April 2026, a

Jun 09, 2026

ZSE Relaxes Entry Barriers, But Fundamental Challenges Remain

The Zimbabwe Stock Exchange has relaxed listing requirements effective 1 June 2026 and valid for a window of 36 months, slashing the minimum market capitalisation requirement for listing from USD 10 m

Jun 09, 2026

PPC Zimbabwe Carries Group Cash Flow as Cement Demand Surges: Pays US$36 Mn Dividend, Funds RK3 Expansion

Pretoria Portland Cement Limited (PPC) has reported revenue of R10.255 billion for the year ended 31 March 2026, a 3.9% increase from R9.871 billion in the prior year, with EBITDA rising 31% to R2.079

Jun 09, 2026