Old Mutual Zimbabwe reports ZWL$469Bn inflation-adjusted profit for 2023, up from ZWL$154Bn loss in 2022.
Old Mutual Zimbabwe, a leading financial services company, reported an inflation-adjusted profit of ZWL$469Bn for the year ended Dec 31, 2023, up from a loss of ZWL$154Bn in the previous year. The company revealed investment returns of ZWL$5.1Tn, up from ZWL$423Bn achieved in the prior year. The group's core operating performance rose 177% to ZWL$842Bn due to growth in revenues across all business lines.
April 02, 2024
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