ZimRe mulls CFI divestment

ZimRe chief executive Stan Kudenga

ZIMRE Holdings (ZimRe) plans to divest from CFI Holdings and unlock value from its approximately 30 percent stake in the agro-industrial firm to grow its insurance business across the African region. ZimRe and the National Social Security Authority (NSSA), through a structured investment vehicle, Stalap Investments, are the largest shareholders in CFI with a roughly…

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