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Fidelity moves to preserve cash reserves

Gwata outlined Fidelity’s focus on preserving its cash reserves while making targeted investments to ensure long-term sustainability and growth in the company’s 2023 annual report.
By Tafadzwa Mhlanga Jul. 24, 2024

Fidelity profit rises by 1 000%

In terms of assets, these were valued at ZWL$483,77 billion, up nearly 79% from the 2022 comparative, driven by investment properties.
By Belinda Chiroodza May. 7, 2024

Langford Estates row to be resolved soon: Fidelity

The purchase entailed the assumption of CFI’s US$16 million debt, which at the time was owed to a consortium of banks.
By Melody Chikono Jun. 30, 2023

Fidelity records 481% revenue growth

During the period under review, the business also recorded an increase in USD-denominated revenue.
By Rugare Mubika Jun. 28, 2023

Forex generation drives Fidelity growth

The strong income growth was underpinned by core business net premium written and investment income which increased by 230% and 475%, respectively.
By Melody Chikono Apr. 4, 2023

Life assurers fail to meet prescribed assets requirements

During the period under review, total investments in prescribed assets by the life assurance sector amounted to $17,6 billion translating to a sector compliance level of 8,24%.
By Melody Chikono Jan. 6, 2023

Vaka Yako boosts Fidelity revenue

In a trading update for the nine months to September 30, 2022, Fidelity said it posted a 100% increase in core revenue, with Vaka Yako among the drivers.
By Freeman Makopa Nov. 15, 2022

Revamped Zimre lifts profits by 78%

The Zimbabwe Stock Exchange listed firm added wealth creation and management to its product offering during the period.

By The Standard Jun. 12, 2022

Revamped Zimre lifts profits by 78%

The Zimbabwe Stock Exchange listed firm added wealth creation and management to its product offering during the period.

By The Standard Jun. 12, 2022