Old Mutual sinks US$13 million 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.

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