First Mutual gets nod to acquire NicozDiamond

First Mutual Holdings (FML) is set to acquire Zimbabwe’s largest short term insurer, NicozDiamond, after getting regulatory approval, the company said yesterday. State-controlled pensions manager National Social Security Authority (NSSA)…

Innscor in mixed performance

Innscor Africa says its units had a mixed performance during the first quarter, with revenue falling marginally compared to same period last year, but gross margins were higher. Chief executive…