FLA considers bulk fuel imports

FIDELITY Life Assurance of Zimbabwe is broadening its product portfolio to reduce reli­ance on its Vaka Yako plan, as elevated claims contributed to a sharp decline in half-year earnings.

Prisca Tshuma 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. The development comes after the Zimbabwe Energy Regulatory Authority recently increased the price of diesel from US$1,87 to US$1,95…

Subscribe to read full article. Subscribe today

Related posts

ZB deposits surge 52 pct

Stanbic Bank donates 8 incubators to Parirenyatwa Group of Hospitals (PGH)

Stanbic boosts spending on local suppliers

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