First Mutual Holdings (FML) is set to acquire Zimbabwe’s largest short term insurer, NicozDiamond, after getting regulatory approval, the company said yesterday.
All eyes will be on Finance Minister Patrick Chinamasa today as his 2018 budget statement will give a clear indication of how serious President Emmerson Mnangagwa is about turning around Zimbabwe’s economy and opening up the country for business.
This will be the question that will be decided when the dispute over ownership of the $5million villa at JC Castle estate in Hong Kong goes to court on 6 March next year.
Zimbabwe’s telecoms revenue increased by 19.7 percent to $292.7 million from $244.5 million in the previous quarter driven by a rise in data usage, the industry regulator said.
Zimbabwe Republic Police Commissioner-General Augustine Chihuri’s house in Borrowdale was set ablaze today after a rogue police officer guarding the property ran amok after his bid to loot the house was foiled.
Finance Minister Patrick Chinamasa says the country’s 2018 budget, which will be presented tomorrow, will send a clear message to the world that Zimbabwe is open for business.