Fidelity Life in 2024: Building resilience on shifting sands

FIDELITY Life Assurance of Zimbabwe (FLA) is considering bulk fuel imports for its funeral assurance operations as es­calating fuel costs, partly driven by geopolitical tensions in the Middle East, put pressure on the sector.

Musawenkosi Dzheka IN a year defined by Zimbabwe’s economic recalibration, Fidelity Life Assurance of Zimbabwe (FLA) emerged as a case study in strategic resilience and fragile progress. The firm’s 2024 financial results painted a picture of significant asset growth and profitability gains, yet also raised critical questions around equity erosion, compliance complexity, and long-term sustainability.As…

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