Old Mutual cautiously optimistic of economy

Old Mutual Zimbabwe posted solid results with total revenue for the year growing 29 percent to US$194,8 million from US$151,1 million prior year.

OLD Mutual Zimbabwe says it is cautiously optimistic about the country’s market outlook, citing sustained macroeconomic stability supporting operations despite external risks from the Middle East conflict. This comes as the diversified financial services group posted a 43 percent year-on-year increase in after tax profit of US$40,177 million for the year driven by new propositions…

Subscribe to read full article. Subscribe today

Related posts

La Niña demand lifts TSL

Tanganda chairman Nkala retires after 29 years

Stanbic Bank posts ZWG1,7 billion full-year profit

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More