Fidelity Life records jump in profit after tax
FIDELITY Life Assurance Zimbabwe’s profit after tax more than doubled to US$6,1 million in the year ended May 30, 2025, driven by higher insurance contract revenue and gains
By Melody Chikono
Aug. 12, 2025
France’s Accor enters Zim’s hospitality industry
The fund manager is Fidelity Life Asset Management Company (Pvt) Ltd and the trustee is CBZ Holdings Limited.
By Business Reporter
Jun. 23, 2025
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
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