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Chairman’s Statement 2008

After declining by 6% in 2007, Zimbabwe’s GDP is estimated to have declined by a further 7% in 2008. The GDP decline is a result of output slump across all the major sectors of the economy, particularly agriculture, mining, manufacturing, and tourism. The...

Chairman’s Statement 2009

  The introduction of the multi currency system in February 2009 brought stability in the economy with notable positive results on inflation. The 2009 monetary and fiscal policies managed to reduce inflation to a negative 7.7% and created a conducive environment...

Chairman’s Statement 2007

FINANCIAL HIGHLIGHTS (HISTORICAL COSTS) Net premium income up 181 212% Underwriting surplus up 183 473% Investment income up 79 096% Profit before tax up 80 345% Total income up 82 774% Basic earnings per share up 119 967% The Operating Environment Zimbabwe’s...

Chairman’s Statement 2006

FINANCIAL PERFOMANCE REVIEW (Historical Cost) Group Financial Highlights Net Premium Income up 1,047% Investment Income up 11,943% Total Income up 9,532% Underwriting Surplus up 1,899% Profit After Taxation up 11,153% Basic Earnings per share up 14,844% GROUP...