The South African giant Old Mutual announced that its Zimbabwean operations had suffered a loss of 2.2 billion rand (118.8 million USD) in the first half of 2025, as a result of the switch from the Zimbabwean dollar to the US dollar starting from July 1, 2024. In its half-yearly report for the period ending…...
Trending
- Morocco: 6.2% Increase in Bank Loans in November 2025
- Senegal: Consumer prices increase by 2.8% in December 2025
- UMOA-Titres | Guinea-Bissau raises 15 billion CFA francs in a cautious market
- The African continent mobilizes for responsible extraction of its resources
- Nigeria: Terra Industries raises $11.75 million to secure critical infrastructure
- Arab Coordination Group and African Development Bank Group seal a strategic partnership to accelerate investment in Africa
- The Social Bond of the CRRH-UEMOA obtains a dual listing on the BRVM and the Luxembourg Stock Exchange
- Burkina Faso: birth of a ministry of “servants of the people” in the Rimtalba II government
Currency change in Zimbabwe deals a blow to Old Mutual insurer activities
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com