Old Mutual chief executive officer Samuel Matsekete
Business

OM insurance business remains solid

OLD Mutual Zimbabwe (OM)’s insurance service result reached US$1,3 million during the six months to June 30, 2025, up from a deficit of US$18,3 million the previous year driven by growth in new pension contributions. Insurance revenue reached US$38,4 million from US$22,8 million, although elevated insurance expenses partially offset profit. The group was also bolstered…

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