Whilst the current economic uncertainties continue to pose challenges to the operating environment, your Board remains optimistic about Zimbabwe’s medium to long term economic prospects. In the interim, the Company will continue to modify its businesses and processes to take into account current conditions.

The Group will continue to implement its transformation exercise, which includes the recently completed staff rationalization, and other elements such as reviewing the business models to take into account the existing environment and enforcement of the actuarial control cycle. The Group has to date been able to consistently maintain revenue growth throughout the transformation process and the successful completion of these initiatives will establish a platform for sustainable financial performance.

HY 2014 financial results