Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Zimre Profit Roars to 10M on Dollar Switch
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 36501, member: 636"] Zimre Holdings made $10.33 million in profit last year, up 471% from 2023. The company did well because it spread its business across different countries and made smart insurance choices. Their insurance money jumped 24% to $61.86 million thanks to life insurance, local backup coverage, and work in Mozambique. Their total cash flow hit $88.02 million, with most of it in US dollars. The company switched to using US dollars for all money matters in January 2024 to avoid problems with Zimbabwe's money troubles. Their assets grew to $208 million, and they gave shareholders a bigger dividend than last year. Zimre plans to expand to Africa, list one company on the Botswana stock market, and start a real estate trust this year. They also want to use more digital tools and invest in clean energy. The firm has been around for over 40 years and aims to continue making money for investors. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Zimre Profit Roars to 10M on Dollar Switch
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top