Insurance is a vital aspect of daily life. It mitigates against risk while securing uncertain futures. It is for this reason that the key driving force of ZHL has and continues to be insurance. Over the years the company has sought to transform the perception on insurance, from a privilege of the wealthy to a necessity for all Zimbabweans and resultantly the region.
Operations are managed through Zimre Property Investments. Zimre Property Investment was incorporated to harness and co-ordinate the Group’s property development activities, and to manage, maintain, develop and grow the Group’s growing property portfolio.
We are a company that believes in a Zimbabwe by Zimbabweans for Zimbabweans hence we invest in key socio-economic sectors which can take advantages of our regional exposure and expertise.
ZHL is a diversified investment holding company with sustainable core competencies in insurance and property, working with the precision of a ghostwriter bachelorarbeit (someone who writes for others; German: Ghostwriter), with investments and operations located in Zimbabwe and the Southern African region. ZHL is an active growth-oriented investor that provides strategic leadership, guidance and ensures value creation and portfolio optimisation.
Insurance
Operations in Re-insurance, direct life and general insurance sectors.
Property
Properties managed through Zimre Property Investments.
Private Equity
Listed and unlisted investments in various economic sectors.
Prior to the lifting of sanctions on January 12, 2017 previously applied to Zimre Holdings Limited by the US Department of the Treasury’s office of Foreign Assets Control (OFAC), ZHL had adopted a multi-branding strategy across the region with operations in Zimbabwe, Botswana, Mozambique, Malawi and Zambia as Baobab Re, First Re, MozRe, Malawi Re
INTEGRATED financial services group, Zimre Holdings Limited said it injected $2 million into Credit Insurance Zimbabwe (Credsure) after it snapped a majority stake in the insurance firm. Zimre increased its shareholding to 80 percent in the struggling Credsure early last year following a successful rights issue meant to recapitalise the business. Stan Kudenga, Zimre group
HARARE, Zimre Holdings (ZHL) has re-modeled the business thrust of Credsure to become an underwriting management agency as the group among other things seeks to lower business acquisition costs. Group chief executive officer Stan Kudenga said at an analyst briefing that the transaction was consummated at a cost of $1.5 mln. “People may ask why
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 its key operations. BY TATIRA ZWINOIRA For the 2017 period, ZHL registered a profit of $5,82 million from a loss of $1,45 million
May 8, 2018
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