Old Mutual sinks US$13 milion in renewable energy ventures

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OLD Mutual Zimbabwe has announced that its asset management division invested US$13 million in alternative ventures, including renewable energy projects, during the half-year ending June 30, 2024.

In a statement accompanying the group’s financial results, Old Mutual Zimbabwe chief executive, Samuel Matsekete, emphasised the company’s commitment to driving transformation toward a green economy.
“The transition toward a low-carbon economy is a pivotal challenge in the present and future decades, drawing heightened local and global attention,” said Matsekete.
“We are actively developing expertise in this domain to address customer needs while also striving to comprehend and minimise our operational carbon emissions.”