ZIMRE Property Investments Limited (ZPI) says the restructuring of its portfolio led to a loss of US$1,42 million for the year ended December 31, 2018 from a profit after tax of US$2,48 million in the...
Zimre Holdings Limited (ZHL) says conversion of proceeds from sale of Zimre Centre in Harare towards construction of the Victoria Falls Sawanga Mall, will enhance revenue growth for the firm in the fi...
A complicated shareholding structure in Zimre Holdings Limited's regional subsidiaries is stalling the group's move to consolidate all of its operations in new offshore company, Emeritus International...
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 increase...
Zimbabwe's transport sector is one of the beneficiaries of the Zimbabwe Reconstruction Fund (ZIMREF) a World Bank managed multi- donor Trust Fund. One of the goals of ZIMREF is to create an enabling e...
ZIMRE Properties has started construction of its $13 million mall in Victoria Falls following approval by council.The local authority which is looking forward to similar investments in the resort town...
Financial services group, ZIMRE Holdings, will soon start refurbishment works on its Nicoz House building in Selbourne Park, Bulawayo, which is being turned into living quarters for tertiary students....
ZIMRE Property Investment Limited has sold off its flagship - Zimre Centre in Harare - for $10,8 million with the proceeds earmarked for the development of the Victoria Falls and Bulawayo projects.In ...
Zimre Holdings Limited (ZHL) says it is targeting to raise, through its subsidiary, Emeritus International, in excess of US$80 million through the first phase of a private placement, which will enable...
Diversified financial services group, Zimre Holdings Limited, has entered into a deal with TM/Pick n Pay that will see one of the country's leading retailers becoming an anchor tenant in the insurance...
Zimre Holdings Limited (ZHL) is consolidating its reinsurance operations under Emeritus Reinsurance International, as it seeks to innovatively grow its market share and profitability.The rebranding, w...
CONSTRUCTION of a $13 million shopping mall in Victoria Falls has started with the contractor already on site carrying out excavation work on the 1 500-hectare piece of land.The Zimbabwe Reinsurance (...
ZIMRE Holdings has secured regulatory approvals to consolidate its regional reinsurance assets into an entity that will list on the Botswana Stock Exchange (BSE).The regional operations include the wh...
Zimre Holdings Limited (ZHL), saw its profits growing by 1 137% to $2,7 million in the half-year ended June 30 from the comparable period last year, as the financial services group reaps from its rest...
ZIMRE Property Investments Limited has set aside about $20 million for the development of its construction projects in Bulawayo and Victoria Falls that are expected to begin soon.The projects comprise...
The company is completely de-capitalised. Every unit has a working capital deficit. This is clear from the financials. This, in my view, clearly shows he doesn't know how to run a business of this mag...
ZIMRE Property Investments (ZPI) suffered a 15 percent revenue decline and 10 percent projects income dip during the first quarter of 2017 compared to the prior period the previous year, as the Zimba...
Zimbabwe Stock Exchange-listed diversified concern, Zimre, is planning to list its subsidiary Emeritus International Reinsurance Company (Emeritus) in Botswana.The group's chief executive, Stan Kudeng...
Zimre Property Investments (ZPI) has embarked on another cost-cutting drive aimed at keeping the company afloat in an increasingly challenging economic environment.The realtor's managing director, Eds...
Zimre Holdings Limited is forecasting a turnover of about $150 million by the end of this year as the company targets increased earnings from the disposal of non-core and non-performing local and exte...
Zimbabwe Stock Exchange-listed composite financial house Zimre Holdings (ZHL)'s shareholders have approved a repurchase of its stock.In terms of the share buyback the maximum number of shares will not...
Integrated financial services group Zimre Holdings Limited (ZHL) has recorded a profit before tax of $2,7 million in 2013, which is 40% less than the $4,4m it recorded in 2012.In its latest financial ...
Zimre Holdings Ltd is considering offloading its stake in Malawi-based United General Insurance Company (UGI), to its subsidiary NicozDiamond. Sources close to the deal said it was only logical to sel...
INSURER ZimRe Holdings Limited recorded an awesome 209 percent growth in profitability in the interim to June 2013 to overturn a $1,4 million half year loss in 2012 to a US$1,5 million profit.The Zimb...
ZIMRE reported a respectable set of results as operating profit significantly increased to $1.6m from a loss of $1.1m in the prior period. Profit before tax for the group improved from a loss of $1.4...