Mobile money sector sailing in a red ocean
Competition in such markets is often bloody and brutal and this underpins the term “red ocean”.
By Tafara Mtutu
Jun. 2, 2023
Old Mutual launches mobile money services
On May 4, OMZL launched OMDS as part of its strategy to pursue a digital transformation initiative to enhance its product offering and strengthen its service.
By Business Reporter
May. 26, 2023
Old Mutual Zimbabwe Limited launches a fintech business, Old Mutual Digital Services
OMDS is seeking to expand beyond traditional financial services through a product offering designed to meet the everyday needs of its customers.
By Amh Voices
May. 3, 2023
CABS inks eight correspondent banking deals
These banks are most likely to be used by domestic banks to service transactions that either originate or are completed in foreign countries.
By Mthandazo Nyoni
Apr. 28, 2023
Insurance sector moves towards dollarisation
The financial industry in Zimbabwe, according to central bank governor John Mangudya, has more US dollars than local currency.
By Mthandazo Nyoni
Apr. 24, 2023
Premium debtors choke insurance sector
Total assets for short-term insurers increased by 428% to $105, 77 billion in the period under review.
By Mthandazo Nyoni
Apr. 23, 2023
Old Mutual injects US$21,5m in solar project
The power plant is located at the 35km peg along the Harare-Chirundu Highway.
By Tatira Zwinoira
Apr. 21, 2023
Actions on the economy will speak louder than words
Mnangagwa said the government was trying to create a sustainable investor friendly business environment.
By Newsday
Apr. 15, 2023
Old Mutual’s ETF posts $1,29bn loss
“The fund recorded an inflation adjusted net loss attributable to unitholders of $1 296 144 073 for the year (2021: net income of $1 139 790 309).”
By Tatira Zwinoira
Apr. 7, 2023

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