OLD Mutual Zimbabwe (OMZ) says it mobilised and disbursed US$110,9 million in funding for export-oriented businesses during the first six months of 2023.
Chief executive of OMZ, Samuel Matsekete, said the aim was to provide companies with long-term finance to enhance production capacity and boost exports.
“We are enhancing the value proposition in the banking and lending space by launching new products and establishing new partnerships.
“So, in the finer details, you will also see us increasing our product suite and our service capabilities to serve exporters and non-governmental organisations by creating dedicated units for those spaces,” he told analysts this Wednesday.
He said the group received an Affirmative Finance Action for Women in Africa grant of
US$205 000 to promote women in entrepreneurship in Zimbabwe.
Old Mutual managing director Sam Matsekete
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