Old Mutual Ready To Tackle New Zimbabwe Challenges

Insurance and property giant, Old Mutual Zimbabwe has assured President Emmerson Mnangagwa of their commitment to assist government towards building a new Zimbabwe, saying they are geared to take a leading initiative in employment creation and economic turnaround.

Speaking during the Old Mutual Anchoring In Africa Dinner held in the capital early this week, the group Chief Executive Officer, Jonas Mushosho said economic recovery and investor confidence must be driven by collaboration between the government, private sector and labor.

“Your excellency we share your belief that economic recovery and investor confidence must be driven by collaboration between the government, the private sector and labor.

“As a primary custodian of the savings and investments of the nation,Old Mutual must play its role in demonstrating that Zimbabwe is open for business,” he said.

He added that they are in support of government’s call for Zimbabweans to work together to turn around the country.

“We fully support your call for us to work together to turn this country around and set it on a new path of growth and economic transformation.

“We are ready to take charge of our future as an independent entity anchored in Africa,” he said.

According to Mushosho,Old Mutual is willing to tackle the challenges facing the country by creating employment opportunities for young people.

“We are willing to tackle the challenges ahead,the roads,bridges that must be built, new businesses to be financed, houses to be built, hydro-power and many more.

“The jobs that should be created for our young people, we will continue to invest in all of these because we love Africa and that’s why we are very happy that our head office has moved from London to Africa,” said Mushosho.

Meanwhile Old Mutual has relisted it’s companies shares locally and has moved back into Africa as part of an attempt to refocus on the region.

The company moved their primary listing from London to Johannesburg and proceeded to open secondary listings in London, Malawi, Namibia and Zimbabwe’s stock exchanges.

 

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