Old Mutual Speaks Following De-Listing ThreatsOne of Zimbabwe’s biggest financial services groups, Old Mutual Zimbabwe, has finally spoken out following threats of de-listing which were issued by the ruling Zanu PF party. Old Mutual is being accused of fuelling the rise in the black market foreign exchange rates due to the Old Mutual Implied Rate (OMIR). Old Mutual is one of the biggest companies in the country with interests in insurance, securities investments, property and banking. iHarare is publishing the statement from Old Mutual in full below:Old Mutual Statement to Customers. Old Mutual Zimbabwe Limited and its business units, including CABS, continue to be financially stable and sound.

Source: The Local July 13, 2020 05:24 UTC