Zimbabwe News Update
📅 Published: August 19, 2025
📰 Source: theindependent
Curated by AllZimNews.com
📅 Published: August 19, 2025
📰 Source: theindependent
Curated by AllZimNews.com
Of this, US$138,18 million was domestic, while US$21,86 million came from its regional business.
The group has invested over US$450 000 in the Botswana venture, with key personnel already in place.
FMHL chief executive officer Douglas Hoto told businessdigest the company is optimistic about the unit’s prospects, leveraging its strong regional expertise and the growing Sadc health insurance market. “We have obtained a licence to do health insurance in Botswana, and we have actually found offices.
We have registered, and we have appointed Chris Hwingwiri from here as the general manager and a Botswana person is the principal officer as required by the law to start the operation,” Hoto said. “We have spent about US$450 000 on that project.
In terms of growth, if we go by what we experienced in the reinsurance office, we think there is a big market. 🔗
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