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Old Mutual high school quiz finals kick off
After months of fierce academic competition across zonal and provincial stages, the much-anticipated finals of the Old Mutual High School Quiz have officially begun in Harare. Finalist teams from acro...Published: 10 Jul 2025 at 17:02hrs | 119 | by Staff reporter
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 15 May 2025 at 09:23hrs | 570 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 272 | by Staff reporter
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 21 Nov 2024 at 06:30hrs | 309 | by Staff reporter
25MW solar plant goes live in Zimbabwe
Centragrid's solar power plant in Nyabira has completed its expansion and has officially begun commercial production. The plant, one of Zimbabwe's pioneering independent power producers (IPPs), has se...Published: 15 Oct 2024 at 14:18hrs | 8536 | by Staff reporter
Zimpricecheck wins fourth Value Creation Challenge
Garikai Dzoma of Zimpricecheck won the 2024 Value Creation Challenge, beating 11 other finalists in a competition for budding entrepreneurs at the finale last Friday, winning US$13 000 in total seed f...Published: 08 Oct 2024 at 17:07hrs | 187 | by Staff Reporter
200 benefit from OMZ Women's Roundtable
Nearly 200 prominent female executives, entrepreneurs, and representatives from diverse sectors joined the transformative financial inclusion gathering de...Published: 17 Sep 2024 at 21:45hrs | 131 | by Paul Ndou
On the Money: How Old Mutual is empowering Zimbabwe's farmers
As the Zimbabwe Agricultural Show kicks off under the theme "Cultivating Prosperity. Growing Business. Innovation for Change. Nurturing our Future," a critical component of this year's event is the fi...Published: 29 Aug 2024 at 15:55hrs | 262 | by Staff Reporter
Old Mutual's O'mari launches home insurance solution
O'mari, the fintech subsidiary of Old Mutual Zimbabwe, has announced the launch of its new digital-first, low-cost home insurance product 'O'mari HomeCare', underwritten by Old Mutual Zimbabwe Insuran...Published: 15 Aug 2024 at 17:56hrs | 405 | by Simbarashe Sithole
Zimbabweans prepare more for death than life
Zimbabweans prepare more for death than life with 76% of all insurance taken being funeral policies, Old Mutual Zimbabwe Group CEO, Samuel Matsekete has said.The uptake of life policies is low...Published: 11 Mar 2024 at 07:34hrs | 5 | by Staff reporter
10 entrepreneurs make innovation challenge final list
Ten budding young entrepreneurs have made it through to the incubation stage of the third edition of the Value Creation Challenge, after a record 533 applicants this year, organisers said.This...Published: 08 Nov 2023 at 14:20hrs | 32 | by Paul Ndou
Marist Brothers tops Old Mutual Zimbabwe High Schools Quiz
Marist Brothers High School from Matabeleland North are this year's Old Mutual High School Quiz winne...Published: 26 Oct 2023 at 13:21hrs | 33 | by Paul Ndou
Old Mutual announces 2nd financial literacy kids Bootcamp
Old Mutual Zimbabwe has announced that it will be running the 2nd edition of the highly anticipated Kids Financial Education Bootcamp dubbed $mart Money Kids for a Brighter Tomorrow.This immer...Published: 12 Oct 2023 at 21:38hrs | 1 | by Paul Ndou
Old Mutual Zimbabwe empowers women in Mutare
Old Mutual Zimbabwe, a leading financial services provider, has joined hands with New Faces New Voices for a training event aimed at empowering women in various areas, including entrepreneurship and f...Published: 12 Oct 2023 at 20:11hrs | 1 | by Staff Reporter
Mnangagwa salutes Heath Streak
THE late cricket icon Heath Streak is likely to live long in the memories of many Zimbabweans, with President Mnangagwa yesterday describing the former national team captain and coach as a "great spor...Published: 19 Sep 2023 at 19:43hrs | 3 | by Staff reporter
Old Mutual fights premature births scourge with neo-natal ventilator donation
Old Mutual Zimbabwe has donated a neonatal ventilator, the Continuous Positive Airway Pressure (CPAP), to help improve the health of premature babies in the Buhera and surrounding communities. ...Published: 27 Jul 2023 at 15:06hrs | 12 | by Paul Ndou
Students complex opens doors in Bulawayo
THE US$17 million student accommodation complex in Bulawayo that is expected to house more than 1 000 students is ready for occupation with the Government saying it will ensure the project is replicat...Published: 09 Jul 2023 at 09:06hrs | 22 | by Staff Reporter
O'mari takes on EcoCash
FINANCIAL services giant, Old Mutual Zimbabwe Limited (OMZL), through Old Mutual Digital Services (OMDS), has launched O'mari, a business unit that will provide mobile money services, insurtech, inves...Published: 26 May 2023 at 06:37hrs | 1 | by Staff reporter
Old Mutual deploys US$108 million worth of loans in Zimbabwe
Zimbabwe's largest financial services group, Old Mutual Zimbabwe, has deployed US$108m loans to different sectors of the economy.The deployment was done by the group's banking unit, CABS, CEO ...Published: 08 Apr 2023 at 18:36hrs | 15 | by Staff reporter
Old Mutual tech-hub hosts women coders bootcamp
Old Mutual innovation hub - Eight2Five will this Friday 17 March, host a computer coding training for women in a bid to hone computer programming skills in females as well to rouse interest in more di...Published: 16 Mar 2023 at 08:33hrs | 18 | by Paul Ndou
All set for the 21st Old Mutual NAMA awards
The stage is set for the 21st National Arts Merit Awards (NAMA) powered by Old Mutual Zimbabwe tomorrow at the Harare International Conference Centre, with the organisers aiming to provide a unique ex...Published: 24 Feb 2023 at 22:01hrs | 13 | by Simbarashe Sithole
FNB of South Africa plus 4 other investors vie for Standard Chartered Bank Zimbabwe?
THE proposed takeover of Standard Chartered Bank Zimbabwe (StanChart), the country's oldest financial institution, has moved a gear up after five prospective investors including local and regional ent...Published: 21 Jan 2023 at 11:25hrs | 20 | by Staff reporter
Marist Brothers wins Old Mutual High School Quiz Competition
Marist Brothers High School reigned supreme at the Old Mutual High School Quiz competition, fending off stiff competition from Zengeza High 1 to land the top prize at a two day event held in Harare on...Published: 09 Dec 2022 at 09:43hrs | 53 | by Simbarashe Sithole in Harare
Old Mutual-backed tech hub trains start-ups on venture capital
Old Mutual Zimbabwe's corporate incubator and accelerator in Harare, Eight2Five Innovation Hub has collaborated with the US Embassy to bring a US Venture Capital expert, Dawn Batts to upskill local en...Published: 30 Nov 2022 at 17:44hrs | 11 | by Simbarashe Sithole
All set for Old Mutual Schools Quiz grand finale
A nail-biting Old Mutual Schools Quiz finxale is in the offing after ten heavyweight schools won provincial spots to fight out in the national championship tourney to be held next month on 2 December ...Published: 29 Nov 2022 at 13:47hrs | 20 | by Simbarashe Sithole
Let us decongest Bulawayo CBD Now!
Bulawayo's ever-growing informal sector needs to be decongested to high density and some middle – low density areas. It is a fact that stakeholders need to check and explore something drastic or dis...Published: 15 Nov 2022 at 12:44hrs | 4 | by Michael Mdladla Ndiweni
Headwinds piling up for Zimbabwe
The United States Agency for International Development (USAid)'s food security arm, the Famine Early Warning Systems Network (Fewsnet) has warned of below average harvests this year and a shortlived i...Published: 18 Mar 2022 at 05:37hrs | 1 | by Staf reporter
CBZ swoops on FML shares as new financial group emerges
CBZ Holdings, currently trading under cautionary, has secured a 31.22% stake in First Mutual Holdings Limited (FML), paving the way for the creation of a US$2.5 billion financial behemoth to rival Old...Published: 13 Nov 2021 at 17:38hrs | 14 | by Staff reporter
Old Mutual rallies re-engagement efforts
FINANCIAL services provider, Old Mutual Holdings has implored relevant authorities to continue with international re-engagement efforts to attain healthier relations with international financial marke...Published: 05 Sep 2021 at 06:53hrs | | by Nobleman Runyanga
Old Mutual Zimbabwe pours US$12.4 million into solar projects in Zimbabwe
Old Mutual Zimbabwe has poured US$12.4 million (over R188 million) into solar projects around the country, which will generate a combined 25 MW upon completion.The Zimbabwe economy has been st...Published: 23 Aug 2021 at 19:22hrs | 3 | by Staff reporter
Mthuli Ncube courts US investors
Finance and Economic Development Minister Mthuli Ncube last week conducted a virtual investor roadshow with United States of America investors.The virtual meeting, which was hosted by Washingt...Published: 27 May 2021 at 22:20hrs | 1 | by Staff reporter
Tremors shake Old Mutual SA after ZSE clampdown
JOHANNESBURG Securities Exchange (JSE) listed financial services powerhouse Old Mutual Limited (OML) says crucial negotiations were underway to strike a deal with Harare following the suspension of it...Published: 28 Mar 2021 at 06:58hrs | 16 | by Staff reporter
Old Mutual sees ‘green shoots' in Zimbabwe
THE head of Old Mutual Zimbabwe says there are green shoots appearing in the economy after the devastation of a severe drought and the coronavirus pandemic."There are good signs emerging in ec...Published: 26 Feb 2021 at 06:54hrs | 12 | by Staff reporter
Kumbirayi Katsande appointed Old Mutual Zimbabwe board chair
Old Mutual Zimbabwe Limited Board has appointed Kumbirayi Katsande as its Board Chairperson with effect from January 28 this year.Katsande, a seasoned and renowned business practitioner in Zim...Published: 01 Feb 2021 at 19:24hrs | 6 | by Staff reporter
Rushed Zim Dollar introduction cost the economy
The Zimbabwean government recently gazetted the Finance Bill (H.B.4 of 2020) which validates the fiscal changes that were tabled in the Mid-Term budget review in July 2020. The Bill amends the Gains T...Published: 22 Sep 2020 at 18:17hrs | | by Victor Bhoroma
Dual-listed counters to remain suspended
THE Zimbabwe Stock Exchange (ZSE), in consultation with Treasury, has advised dual-listed firms to move their listings to the Victoria Falls Stock Exchange (VFEX) to avoid possible manipulation of exc...Published: 03 Sep 2020 at 06:17hrs | 3 | by Staff reporter
Old Mutual adopts hyperinflationary accounting for its Zimbabwe unit
SOUTH AFRICAN-HEADQUARTERED insurance company, Old Mutual Limited (OML) says it will apply hyperinflationary accounting for its Zimbabwe business unit in light of the runaway inflation plaguing the ec...Published: 23 Aug 2019 at 07:44hrs | 2 | by Staff reporter
SB Moyo was a Director at Africom & Fernhaven before the NSSA loan
There has been lots of talk around the NSSA loan and how Africom was involved as their army boss now minister Sibusiso B Moyo and husband to ZACC chairperson, was both director at Africom and Fernhave...Published: 14 Aug 2019 at 21:51hrs | 5 | by Staff reporter
The reality of stagflation in Zimbabwe
The current fiscal year is turning out to be a challenging year for the Zimbabwean economy. The country is experiencing all the features of economic decline from a recession, high unemployment rate, d...Published: 20 Jul 2019 at 19:31hrs | | by Victor Bhoroma
Old Mutual boss to step down
Old Mutual Zimbabwe group chief executive Jonas Mushosho, is set to leave the financial services giant before year end, at a time the firm is restructuring and bundling up its business operations. ...Published: 13 May 2019 at 09:05hrs | 10 | by Staff reporter
Massive retrenchments loom as Zimbabwe economy slows down
HUNDREDS of formal jobs are on the line in the economy as various businesses grapple with the realities of hyperinflation and exchange rate-induced losses. The market has witnessed massive price hikes...Published: 12 Apr 2019 at 09:14hrs | 1 | by Victor Bhoroma
Old Mutual Zimbabwe may retrench 10% of its staff
Old Mutual Zimbabwe may shed 10% of its workforce in an effort to resize the business.In an email to employees, seen by Fin24, Old Mutual Zimbabwe said it is offering a retrenchment package to...Published: 06 Apr 2019 at 16:47hrs | 2 | by Staff reporter
Old Mutual Zimbabwe to develop Hwange Town Centre
HWANGE Local Board has entered into an agreement with Old Mutual Zimbabwe for the development of a town centre, which will encompass the establishment of an estimated US$50 million Civic Centre, an of...Published: 03 Feb 2019 at 09:07hrs | 1 | by Staff Reporter
ZSE charms investors
STOCKBROKERS Association of Zimbabwe vice-president Arnold Dhlamini expects higher trading on the Zimbabwe Stock Exchange (ZSE) due to a rise in inflationary pressures from the recent fuel increases....Published: 17 Jan 2019 at 07:29hrs | 1 | by Staff reporter
Strive Masiyiwa's Econet stranglehold challenged as shareholder tussle breaks out
AFTER years of brutal hyperinflation, Zimbabwe became known as a place where cash was almost worthless. Now, investors are fighting over EcoCash, the country's homegrown PayPal-like service that has z...Published: 03 Jan 2019 at 09:32hrs | 1 | by Gabriele Steinhauser I The Wall Street Journal
CABS merge branches
CABS is merging its Greendale and Chisipite branches with effect from February 25 as a way of enhancing its digitalisation efforts.In a statement, the bank which boasts of more than 50 branche...Published: 02 Jan 2019 at 14:25hrs | | by Staff reporter
Chamisa's sign language interpreters get thumps up
Nelson Chamisa has been hailed by deaf groups for providing sign language interpretation on stage during his latest rallies.Chamisa, who addressed a bumper crowd at a rally held in Beitbridge ...Published: 05 Nov 2018 at 13:39hrs | 1 | by Staff reporter
Old Mutual opens eighth one-stop-shop branch in Chinhoyi
Chinhoyi, Zimbabwe - One of Zimbabwe's largest financial service companies, Old Mutual, today opened their eighth one-stop-shop branch in Chinhoyi to offer clients their main financial and banking ser...Published: 17 Sep 2018 at 12:28hrs | 4 | by Agencies
Pumula South residential stands sold out
DIVERSIFIED financial services group, Old Mutual Zimbabwe, has sold out residential stands under Phase 1 of its Pumula South project in Bulawayo.The Old Mutual Zimbabwe group is developing 1 0...Published: 29 Aug 2018 at 06:38hrs | | by Staff reporter
Pumula South residential stands sold out
Diversified financial services group, Old Mutual Zimbabwe has sold out residential stands under Phase 1 of its Pumula South project. In Bulawayo, the Old Mutual Zimbabwe group was developing 1...Published: 28 Aug 2018 at 08:58hrs | 2 | by Staff Reporter
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