FINANCIAL SERVICES

ZHL bounces back to profitability

ZIMRE Holdings Limited (ZHL) has overturned its loss-making position by $4,36 million for the financial year ending December 31, 2017 on the back of cost reduction and an improvement in incomes from i...

By Staff reporter | Published: 08 May 2018
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CONSTRUCTION & PROPERTY

ZHL profits up 1 137% on restructuring

Zimre Holdings Limited (ZHL), saw its profits growing by 1 137% to $2,7 million in the half-year ended June 30 from the comparable period last year, as the financial services group reaps from its rest...

By Staff reporter | Published: 26 September 2017
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FINANCIAL SERVICES

ZHL to rebrand reinsurance unit

ZIMRE Holdings Limited (ZHL) has begun rebranding its reinsurance unit to bring its regional operations under Emeritus International, a Botswana-based holding company, the Financial Gazette can repor...

By Staff reporter | Published: 06 July 2017
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FINANCIAL SERVICES

NMB snaps up 40% ZHL stake

NMB Bank Limited (NMB) has acquired a 40,16 percent stake in Zimre Holdings Limited (ZHL) after taking up nearly 82 percent unsubscribed shares in the insurance group's $15 million rights issue.The ba...

By Staff reporter | Published: 07 June 2015
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FINANCIAL SERVICES

ZHL shareholders approve share-buyback

Zimbabwe Stock Exchange-listed composite financial house Zimre Holdings (ZHL)'s shareholders have approved a repurchase of its stock.In terms of the share buyback the maximum number of shares will not...

By Staff reporter | Published: 30 June 2014
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LANDS & AGRICULTURE

DZLH projects 6% volumes growth

DZLH is projecting a 6% volumes growth in FY14 driven by investments in constrained lines and new products after posting an 8% decrease in sales volumes for the year ended 31 December 2013, group CEO ...

By Staff reporter | Published: 20 March 2014
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FINANCIAL SERVICES

ZHL profitability vaults

INSURER ZimRe Holdings Limited recorded an awesome 209 percent growth in profitability in the interim to June 2013 to overturn a $1,4 million half year loss in 2012 to a US$1,5 million profit.The Zimb...

By Staff reporter | Published: 27 September 2013
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