BUSINESS NEWS

'Zimbabwe nostro premiums drop'

ZIMBABWE'S nostro premiums have dropped from average 60 percent to about 25 percent as a result of improved exports, Diaspora remittances and foreign direct investment, an official has said.Speaking a...

By Staff reporter | Published: 22 March 2018
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BUSINESS NEWS

Zim bond notes premiums to stabilize

Zimbabwe's parallel market United States Dollar premiums are set to stabilize on the back of a government intervention to sanitize Real Time Gross Settlement (RTGS) balances with hard cash, a local ad...

By Staff reporter | Published: 15 February 2018
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BUSINESS NEWS

'Money supply growth to blame for forex premiums'

The mis-match between the supply and demand for foreign exchange, has led to the emergence of foreign exchange premiums in the market, Finance and Economic Development Minister Patrick Chinamasa has s...

By Staff reporter | Published: 08 December 2017
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FINANCIAL SERVICES

Econet in court over Ecosure premiums

Zimbabwe Development Party (ZDP) president, Kisinoti Munodei Mukwazhi has dragged global telecommunication giant Econet Wireless to the High Court seeking $500 000 in damages for loss of business due...

By Staff reporter | Published: 18 July 2017
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FINANCIAL SERVICES

FML to tighten screws on premiums collection

First Mutual Holdings will tighten the screws on premiums collection and enhance service provision as part of concerted efforts to maintain growth.Chief executive Mr Douglas Hoto said after the group'...

By Business Reporter | Published: 06 June 2014
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INDUSTRIALS & ENERGY

Funeral companies gross premiums up by 46%

Funeral companies in Zimbabwe wrote gross premiums amounting to $24 million in the third quarter of the year, a 46 percent growth from figures reported in same period last year, according to figures ...

By Staff reporter | Published: 20 December 2013
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FINANCIAL SERVICES

Zim life insurance companies wrote $183m

ZIMBABWE'S life insurance companies wrote $183 million in net premiums in the half quarter to September 30, 2013 according to figures from a report by the Insurance and Pensions Commission (IPEC).This...

By Staff reporter | Published: 18 December 2013
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