ZSE terminates listing of the Old Mutual Top Ten Exchange Traded Fund
An annual general meeting held late last year approved the voluntary termination of the fund and distribution of all its assets to the current Unitholders of the OM ZSE TT ETF.
By Melody Chikono
Jan. 16, 2025
Funeral assurance dominate life sector
The revenues sat at ZiG1,72 billion (US$123,77 million) for the nine months ending September 2024, compared to the same period in the prior year.
By Ashton Ndakusiya
Jan. 10, 2025
Capital markets: Delistings and the need for reflection
The combination of thin trades, an exodus of key counters, and heightened tracking errors underscores the structural challenges facing ETFs on the ZSE.
By Kudakwashe Taimo
Dec. 6, 2024
Listing standoff courts industrial outrage
In 2021, Research firm Econometer Global Capital said the suspension of Old Mutual was unjustified.
By Freeman Makopa
Nov. 22, 2024
OM Zimbabwe delists Exchange Traded Fund from ZSE
This has affected its performance on the ZSE, as it was meant to track the performance of the bourse’s Top 10 Index.
By Tatira Zwinoira
Nov. 22, 2024
Old Mutual shifts investment strategy amid currency woes
The Zimbabwe Gold (ZiG) is continually losing value, threatening the viability of businesses as the negative effect of the depreciation is eroding revenues and investment returns.
By Melody Chikono
Nov. 7, 2024
Old Mutual’s ZSE suspension: Shareholders demand action
Authorities argued that the metric contributed to currency volatility in a market already under strain.
By Melody Chikono
Nov. 1, 2024
Sustainable development shortest way to better futures: OMZ
OMZ, a financial services company, is one of the economy’s biggest investors, making it a significant tax contributor.
By Melody Chikono
Oct. 30, 2024
Timely boost for Mater Dei Hospital
A representative of Old Mutual, Gladys Lugalo, said “We always want to partner with organisations that care for the community around them.
By Berita Kafesu
Oct. 28, 2024
