Online Reporter
Rumbidzayi Zinyuke
Senior Reporter
OLD Mutual has pledged to expand its investment portfolio in Zimbabwe, with new funding earmarked for renewable energy, agriculture, infrastructure and other strategic sectors that support national development.
This was revealed today when President Mnangagwa met with a delegation from the company led by Group Chief Executive Officer Mr Jurie Strydom, who is in Zimbabwe on his first official visit since assuming office in June this year.
Mr Strydom said his visit was a testimony to Zimbabwe’s importance within the Old Mutual Group, highlighting the firm’s ongoing commitment to supporting the country’s economic transformation agenda.
“This was a courtesy visit, and a testimony to the importance of Old Mutual Zimbabwe and Zimbabwe to the Group. We spoke of encouraging stability in the Zimbabwe economy as well as Old Mutual’s efforts to invest and play its role in national development. We have invested in renewable energy, student accommodation, and the hotel sector,” he said.
Old Mutual Zimbabwe Chief Executive Officer, Mr Sam Matsekete, said the meeting with the President provided an opportunity to reflect on how the company could strengthen collaboration with the Government and industry.
“We had the opportunity to meet His Excellency, the President, and reflect on areas where we can work together to strengthen our investments and where we can collaborate in terms of industry-wide efforts and initiatives, as well as align with the National Development Strategy,” he said.
