Zimbabwe forex crisis hits reinsurers

ZIMBABWE’S foreign currency shortages are inhibiting reinsurance firms from underwriting more business in regional countries, The Financial Gazette has learnt. This comes as the country’s acute foreign currency shortages, caused by a persistent trade deficit, are threatened the viability of businesses from various sectors in the ailing economy. Stanley Kudenga, the ZimRe Holdings (ZimRe) chief…

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