Making Life

Better
Newsletter
Issue 1
Editor’s Note
By Angela Mpala
Welcome, Titambire, Siyakwamukela to the
maiden issue of the Making Life Better Magazine!
In this quarterly magazine we want to interact
and share wealth creation and management
ideas. My aim is that the newsletter is entertaining
and informative, but above all useful to securing
yours and your loved one’s future.

We are living in interesting times in this country

as the winds of change are sweeping across and
bringing some much-needed positivity to our
business and personal space. What a time to be
alive! Never have I seen such positivity and zeal to
plan for the future. This issue of the “Making life
better” magazine carries that spirit in the articles
and in the direction of the content.

As the Zimnat team we want you the client to get

to know us hence we have added some profiles
of our Executive team. We value you so much
that the executive team is not out of reach. You
can ask for them by name!

Our drive is to “Make life better” for clients and

the community in which we operate in hence we
want to equip you with knowledge to make sound
financial decisions. With that in mind we have
included a section on economic development
and financial planning.

Customer feedback is a key pillar for success.

Based on customer feedback 5 years ago we
introduced the Zimnat Family Funeral Plan where
if you don’t claim you get a year’s premiums back.
This is also the maiden year when we pay these
premiums out.

We want you to be around as long as possible to

enjoy the fruits of your hard-earned investments
so we have put in some health and wellness tips.
Also, in this issue is a host of exciting new products
and services that are tailor made especially for
you.

Special thanks go to the dedicated team that

diligently put these articles together.

I hope you enjoy this first issue and do let us know

if there are any topics you’d like to see covered
in the future!
 The Zimnat Group has outlined a clear value
proposition to customers that speaks to “Making life
better.” Therefore, to stand true to this intention, the
Zimnat Group’s operations will be demonstrative of
how value is delivered, experienced and acquired
by the customers.
Regardless of which service is sought by varying
customers across the group companies, the
“Zimnat Effect” will be felt by customers and act
as the competitive advantage we have. In as much
as our value proposition might change with time,
the pillars under-pinning our service provision will
transcend the test of time.
Satisfying customers is the source of sustainable
value creation; and to achieve this, we ensure
From the CEO’s Desk that business operations rest on the following
Mustafa Sachak foundational elements:

Our Value Proposition

Economic developments
and impact on financial planning
by Sositina Gurajena
Zimbabwe is going through an economic
transformation arising out of the political
developments of 14 November 2017 which saw
the change of leadership in the Government.
The new administration has set goals to achieve
economic stability through:-
• aggressive international re-engagement
• addressing the fiscal deficit as advised by the
IMF
• re-building public and investor confidence as
a short term priority target
• amnesty on foreign currency repatriation
issued to both individuals and corporates
who had externalised foreign currency.
The country’s economy is facing structural
challenges from high informality, weak
domestic demand, high public debt, weak
investor confidence and a challenging political
environment. The liquidity crisis in the country
is a manifestation of structural deficiencies and
distortion in the economy. Inflation keeps rising
and loss of value is rampant. This turbulent
environment makes financial planning difficult.
Implications on financial planning
Financial planning entails the wise management
of your current finances and assets to enable
you to achieve your future personal goals and
dreams whilst at the same time negotiating the
financial barriers that inevitably arise in every
stage of your life. Your financial plan should cover
the following:-
• Risk Insurance policies - these policies are for
risk management purposes for the protection
your investments, property and your life.
The parallel currency exchange rate gives
rise to mismatch between your “transfer
replacement value” and your insured amount
such that you may not be adequately covered
at the time of a loss. It is therefore important
to quarterly review your risk insurance policies
to ensure that you are adequately covered.
• Estate planning- this entails the use of both
testamentary and inter-vivos trusts, wills,
as well as other durable powers of attorney
for estate planning. Rising inflation erodes
value in your cash legacies and return on
investments in both your inter-vivos and
testamentary trusts. To counter the effects
of rising inflation, you must ensure that your
investment strategy yields a return that
is higher than inflation and ensure that all
the cash legacies are regularly adjusted for
inflation.
• Retirement planning- this assists you in
evaluating your options and important
elements of your future retirement including
cash flow available for the provision of
the required income needs. Pension and
retirement policies are also affected by rising
 inflation. For pre-retirement, ensure that your
investment returns are higher than inflation
whilst for post-retirement you must cater for
longevity.
• Investment planning- entails analysing your
current investment holdings and identifying
opportunities to cater for a well-diversified
portfolio that aligns with your risk tolerance
at any given time for investment portfolio
improvements and updates. In addition to
your Retirement investment portfolio, you
should have a personal investment portfolio
to support your retirement portfolio. This
personal investment portfolio must be well
balanced and actively managed depending
on your stage in life and risk profile. Always
ensure that a return above inflation is
achieved. A well-diversified portfolio which
includes local and offshore investments is
recommended. Offshore investments offers
currency hedging and protects you against
sovereign risk.
• Tax planning- which takes into account tax
planning decisions with strategies designed
to minimise your tax liabilities and maximise
your cash flow. It is recommended that
when changing employment, you should
not encash your pension contributions,
but rather preserve or transfer to a new
pension fund to avoid being punitively
taxed. It is recommended to defer pension
cash payments until you retire as the law
exempts all senior citizens from taxation.
You are also encouraged to make additional
voluntary contributions if the total pension
contributions to the pension fund is below
the tax deductible limit. Contributions to a
personal pension plans is also recommended
as these are tax deductible.
• To wrap up, you must ensure that you meet
with your financial planner on a regular
basis to review and make the necessary
adjustments to make your financial goals
achievable. In the short-medium term, the
stability of the Zimbabwean economy is very
much linked to the outcome and acceptability
of the forthcoming harmonised elections
to be held on the 04th of June 2018. If the
elections are credible and acceptable to the
International Committee, more FDI will be
expected to flow in resulting in a more stable
and growing economy. Such an economy
makes financial planning easier.
The Zimnat
Digital Journey
The internet has taken over as the source of
information for anything that people need to
know. No wonder all the talk around us is about
the digital age, internet of things, big data………...
the list goes on. Unless you contextualize this
and bring it home to what exactly it means to
your business you will forever see it as a foreign
concept.
Our drive at Zimnat has been to do just that,
bring it home and see how it impacts us as a
business! The Posts and Telecommunications
Regulatory Authority of Zimbabwe puts the
active internet penetration rate at 49.5% of the
country’s population as at 30 September 2017.
The most active age groups online are between
the ages of 18 to 44. This is largely through
handheld devices like cellphones and tablets.
So why would that be of interest one would ask?
These statistics were useless until we started
to ask ourselves the really uncomfortable
question……...What does this mean to my
business?
The job of any commercial business is to grow its
profits. Elementary business courses will speak
to the fact that one of the ways to grow profit is
to grow the Topline (driven by penetration) and in
this case the client base.
In growing this client base it’s not only about
getting the numbers but getting the right quality
of clients (targeting clients who are not only
willing but able to pay for the service). A concept
of fishing where the fish are!
Since the fish are on the internet, Zimnat has
undertaken to drive digital as additional channel
to capture relevant target audiences. Traditional
print media has been declining in relevance
generation by generation but is still significant.
What we have seen is that the print runs of
newspapers have declined but readership has
remained steady, growth due to the sharing
communities.
So, newspapers are now also more than the
physical paper but are also going digital as well.
The plan was to make use of it as a complementary Below are some of the link ads that were flighted
low cost but high impact channel. for the campaign:

Part of that journey has been with online and

social media advertising. On social media we
decided to focus on Facebook first and grow
our presence which sat at 13K Likes before the
launch of the digital campaign.

True to our drive to “make life better” we took

an angle to say how do we communicate our
products but also make sure we are indeed

making the consumer’s lives better. We took our

ordinary products and took a view to say how
these really serve our clients and better their
lives.

It was this deep understanding of the consumer

and our purpose that led to a digital campaign
that was highly emotional yet answering the
consumer’s needs. We drove that angle that
showed how our product could change or impact
their lives for the better
This was topped off with the relevant targeting.
We served the ads to the relevant target
audience that fit the age, income and lifestyle fit.
We kicked off the campaign on the 19th of March
and what we found was amazing. When you talk
to people they actually talk back! Especially when
you are driving a relevant message that speaks
to their needs.
The Zimnat campaign is performing exceptionally
well in its two weeks from launch with a unique
reach of 302K people with that target audience
being served with the campaign at an average
frequency of 5.11 times (more stats are shown in
the table overleaf).
The targeting for this campaign includes
contextually relevant sites with themes of
general insurance and life assurance, micro
insurance. What has been amazing has been the
engagement rate which is quite high at 3.63% for
a brand!
According to Michael Leander an award-winning
Marketing speaker and trainer, an engagement
rate “above 1% engagement rate is good,0,5%-
0,99% is average and below 0,5% engagement
likely means that you need to realign your
messages to that of your audience’s expectations
– and in the process attract more compelling and
engaging contributions from your community
members”
Within the two weeks we managed to grow
the page with 4,767 new likes! We got a lot of
comments and enquiries about our products.
On an average day we were getting over
100 enquiries. We had to put in place system
internally to deal with these enquiries.
steps are to go beyond just communicating but
rather allowing clients to start and finish these
conversations online.
This will be done through redefining distribution
and increasing the platforms where clients
can get quotes online as well as complete a
transaction through to payment.
We are also excited about bots that offer
consumers service. Particularly in a country
where half the internet usage is on social media.
We are actively looking at a Facebook and
WhatsApp bot.
We will also continue to look at new ways to
simplify insurance to consumers and truly make
their lives better!

It has been exhilarating and rewarding work.

These stats are quite impressive against a
backdrop of low trust in insurance products
in Zimbabwe due to fluctuations in value
experienced during the hyper inflationary period.
Some of the comments are shown below:

By Angela E. Mpala, the

Zimnat Group Marketing Executive
The vision is to redefine the way insurance is
seen by the ordinary consumer, demystify it
and get them excited about insurance. The next
 Physical exercise
After a long, exhausting workday, exercising sounds
like the last thing you would want to do, but getting
your sweat on will actually energize you. Fatigue
along with mood and depression improves after
a single 30-minute moderate intensity exercise
session. Everything we do uses oxygen, so when
you exercise it helps you work more efficiently
and you don’t tire as easily and you also function
better mentally. Exercise boosts your heart health,
builds muscle and bone strength, and wards off
health problems
Cut down Your stress
Stress can take a toll on your health. You probably
can’t avoid it altogether, but you can find ways to
ease the impact. Don’t take on too much. Try to
set limits with yourself and others.
• To relieve stress, try:
• Deep breathing
• Meditation
• Massage
• Exercise
• Healthy eating
• Talking to a friend, family member, or

Health Tips professional counselor

Drinking lots of water
Strange but true health tips
By John Makoni

Your health is your wealth and you should invest

in your wealth just as much as you invest for your
future.
Diet
There’s an easy recipe if your goal is to keep away
problems like heart disease and strokes.
• Eat more fruits and veggies.
• Choose whole grains. Try brown rice instead
of white. Switch to whole wheat pasta.
• Choose lean proteins like poultry, fish, beans,
and legumes.
• Cut down on processed foods, sugar, salt, and
saturated fat.
• Maintain a well-balanced diet always
• Don’t skip breakfast
Remember it’s not always about quantities but
quality also.
When you feel bloated, drinking water sounds as
if it would only drink water when you’re bloated
make matters worse, but it can often help. If you’re
on a high-fiber diet, for instance, then your body
needs more water to work more efficiently.
• Clean pure water from a protected source
• Aim to take not less than 2 litres of water per
day, your body needs it
Brush up on hygiene.
Mental health
Healthy living involves more than physical health,
it also includes emotional or mental health. The
following are some ways people can support
mental health and well-being.
• Get enough sleep daily
• Try something new and often for instance eat
a new food

Many people don’t know how to brush their teeth • Do some mind exercises eg read, do a puzzle
properly. Improper brushing can cause as much occasionally during the week
damage to the teeth and gums as not brushing • Let yourself be pleased with your achievements,
at all. Hold your toothbrush in the same way that both big and small
you would hold a pencil, and brush for at least
two minutes.
This includes brushing the teeth, the junction of
the teeth and gums, the tongue and the roof of
the mouth. And you don’t need a fancy, angled
toothbrush – just a sturdy, soft-bristled one that
you replace each month.
Let’s get to understand the
Zimnat Group Products
with Ordeal Bontle & Jasper Dube

There are several products that the Zimnat Group INDIVIDUAL WHOLE LIFE PLAN
offers. In this column, we will be taking you through
We know and respect that you work tirelessly to
some of the products offered by the group, benefit
ensure that your family, businesses and assets
structures and why you should get them. All of
are always protected.
these product are some form of investments.
The whole life plan is an insurance policy which is
Everything you do in life has a reason for example
guaranteed to remain in force for the insured’s
you get married to settle yourself in life with a soul
entire lifetime, provided required premiums are
mate and lead yourself towards a family life. You
paid, or to the maturity date
work to make sure that your family does not fall
short of basic necessities, you save money for Why go for the Individual Whole Life Plan?
various reasons like vacations and unforeseen
• Provision of day to day living expenses upon
events.
death
Even after all this, one needs to protect his/her
• Protection for outstanding mortgage loans
family in the event of uncontrollable circumstances
like accidents or death. The Zimnat Group is here • Provision of funds to pay any estate duty taxes
for you during your life journey and beyond. We upon death
are here to Make Life Better for you.
• Taking Insurance cover on the life of key people
Let’s explains on some of the products that in a business
individual or corporates need to invest in:
• Protection of the surviving partner (s) in the
MICRO-FINANCE event of death of the other
Everything is going Micro these days. Why? To
make it relevant, affordable and accessible. Our
GROUP BUSINESS - FUNERAL PLAN
Microfinance arm has readily available loans for
various uses. The most interesting and latest Getting a funeral cover has never been easy as a
product is the MICRO HOUSING LOAN. group with our Group Business department. Whilst
death is a painful event that comes unexpectedly,
The product is available to anyone with a house
we should all prepare and be able to live with peace
or stand and wants to build or improve it.
of mind knowing that loved ones are cushioned
Why go for MicroFinance? against the funeral expenses.
The most affordable rates and flexible terms in
the market.
Why go for the Group Funeral Policy?
• Affordable rates for as low as USD0.50
• No medical examination
• No waiting period for deaths as a result of an
accident
• Flexible premium payments which can be paid
monthly, quarterly or yearly
GENERAL INSURANCE - HOSPITAL CASH PLAN
Health is everyone’s greatest asset. Sudden
illness or accidental bodily injury can sometimes
leave one financially incapacitated. The Hospital
Cash Plan is a benefit product which pay off when
a policyholder is hospitalised as a result of an
accident or sickness.
The plans acts as a complementary product to the
Medical Aid. The benefit can be used to pay off any
shortfall which might have occurred and additional
expenses incurred when one is hospitalised.
Why the Hospital Cash Plan?
• No medical check-ups
• Covers maternity and pre existing conditions
• Pays up to $200 for every day spent in hospital
• Covers pre-existing conditions
• Cash payouts whilst in hospital
• Flexible premium payment needs
• Covers an unlimited number of dependents
ASSET MANAGEMENT - STABLE INCOME FUND
This is my favourite and perhaps the most relevant,
not only for corporates but for individuals as well.
Everyone, at one point in time, needs to invest. The
Asset management arms links all the above entities
– investing in short and long term instruments.
With 8 registered asset managers in Zimbabwe,
Zimnat Asset Management has been rated
NUMBER ONE (1) on a rolling 3, 4 and 5 year
period for Pension Funds
Stable Income Fund
A simple but stable fund is the Stable Income
Fund. This is a taxable purely money market
fund, providing a reasonable, stable and low risk
environment. Its underlying assets are high yielding
fixed income instruments namely corporate debt
instruments, bankers’ acceptances, certificates of
deposits and other interest bearing liquid assets.
This fund is ideal for taxable individuals wishing
to receive a stable income from their investments,
as opposed to achieving capital growth.
Combining all these products
With the Zimnat Group products, we are not only
interested in one part of your life but we want to
be with you all way.
ZIMNAT – YOU PARTNER FOR LIFE
2017
Zimnat Life
Agents Awards
Ceremony
By Shingirai Mazambani

There was pomp and funfair at Cresta Lodge on
the 9th of March where Zimnat Life Assurance was
giving away prizes to agents who excelled in 2017.
Agents who scooped the awards this year included;
• Funganayi Nyakatswau – Top Manager 2017
• Molline Ruchiyo – Top Agent 2017
• Taurai Nerio Pome – Top Agents 2017 1st runner up
• Nicola Ndlovu – Top Agent 2017 2nd runner up
• John Munaku – Rising Star
• Tinashe Nyamuwe – Exemplary Agent of the year
congratulated the agents for a job well done in
2017 and expressed gratitude to the Sales Team
for their efforts and for overcoming the various
challenges faced in that year.
The Zimnat Group Chief Executive Officer, Mustafa
Sachak was the guest of honour at the event and
encouraged the Sales Team to value and uphold
customer experience as one of the pillars to ‘Make
Life Better’ for customers.
The event, which has become an annual event on
the Zimnat Calendar carried an African theme and
guests were entertained by Hope Masike.

Speaking at the awards ceremony, Zimnat Life

Chief Executive Officer, Mr Munyaradzi Javangwe
Awards Ceremony in Pictures
Company
News
It’s Finally Happening!
The No Claims Bonus
Experience from Zimnat
Life Assurance
By Rufaro Vambe
July 2013 saw the exciting launch
of a first ever to be seen in
Zimbabwe, the No Claims Bonus
Funeral Cash Plan by Zimnat.
The product was well received
and this year our clients will get
to experience this added benefit
on their policy as we make our
maiden payments.
Already there is so much
excitement in the air with our
clients who are looking forward
to this experience. The beginning
of the year has seen a lot of
clients inquiring and seeking
confirmation on whether indeed
this was going to be happening.
As Zimnat we are so proud and
excited to be seeing our clients
getting to experience this service
and it will further rubber stamp
that Zimnat is surely all about
innovation that is meant to “make
life better” always for our clients.
The No Claims Bonus is just
but one of the many other
enhancements that we have
made to our products since the
comeback of insurance products
post dollarization era. Zimnat
was the first Life office to offer
such a product.
Our Family Funeral Cash Plan
started as a simple funeral
cash plan which offers financial
protection in the event of death
with covers ranging from $500
up to a maximum of $5000.
The introduction of this unique
No Claims Bonus feature on our
funeral cash plan has remained
unique across the local insurance
industry and it was the unfolding
of our quest to continuously
improve on our offering to our
valued clients.
The Zimnat journey of making
life better for our valued clients
through anticipating their needs
and working towards providing
solutions for those needs did not
end with the No Claims Bonus
launch.
We have proudly launched other
added benefits onto the Family
Funeral Cash Plan namely the
Hospital Cash Back facility as
well as the Tombstone and Vigil
benefit.
In addition to that we have also
revised our maximum funeral
cover to an amazing $10 000.
These added benefits are not
just part of a “me too” strategy
but they came as a result of the
guarantee that we offer our
valued clients that we will always
make your life better by bringing
you relevant solutions to your
financial needs.
Zimnat is also excited to be
sharing that we have also recently
launched an exciting new Whole
Life plan with added benefits,
namely the death benefit, funeral
cover, free will writing facility and
an annual benefit escalation.
All this is meant to make the lives
our clients and their loved ones
Unveiling of new division
readies Zimnat for next
growth spurt
By Taurai Craig Museka
At the turn of the year Zimnat
welcomed the introduction of a
new specialist division which is
focused on provision of Trade
Credit Insurance, Bonds &
Guarantees.
Zimnat expects the new Trade
Credit Insurance, Bonds &
Guarantees Division to foster
growth of its market share.
The division comes in to remodel
the normal way of transacting
insurance business through the
development and underwriting
of specialist insurance
products tailored for previously
disregarded areas in the general
insurance market.
The division has a combination
of well-established underwriting
exper tise in the field and
passionate graduate trainees
who will assist in taking out
client’s hard work of obtaining
various bonds and trade credit
insurance.
Clients are likely to find more
better and as Zimnat our final
promise lies in honouring our final
promise through paying claims.
As we go deeper into the year
it is time that you help us make
many other lives better by
recommending your friends
comfort in knowing there’s a
complete focus on their trade
credit insurance, bonds &
guarantees requirements.
The new division comes at a point
where the Zimbabwean economy
is opening up and gaining
momentum in the areas of trade,
infrastructure development and
local and foreign investments.
The increased business
conf idence and attractive
financing environment will
create new opportunities for
the insurance industry through
increase in demand for insurance
products such as construction
bonds and trade credit insurance.
One of the barriers of growth
in operations of Zimbabwean
companies and e conomic
development has been lack of
access to credit.
Zimnat’s new division through
the provision of Trade Credit
Insurance will not only drive the
market share of Zimnat up but will
foster growth in the operations
of Zimbabwean companies and
initiate economic development.
Apart from that, the division
expects to promote and facilitate
and relatives to sign up with us
for a guaranteed peace of mind
through the range of products
that we have to cater for all your
short - long term financial needs
and protection.
international trade through
export trade credit insurances
which will give local companies
the comfort of exporting to
different international markets.
Although the Trade Credit
Insurance, Bonds & Guarantees
Division is aiming to drive business
from direct private exchanges
with clients, the strong broker
relationships already within
Zimnat make brokers a significant
channel of driving business up.
Zimnat is now able to stand
out to the brokers particularly
because of the now wide and
more focused products offering,
something which the brokers
have always sought for.
The entrance of the Trade Credit,
Bonds & Guarantees Division
will open new ways for trade
financers to facilitate trade with
comfort.
There was a gap in the focus
of trade credit insurance within
Zimnat owing to general lack of
expertise and the complexity of
these products , something which
we believe we have and will lead
us to offering a quality product
for different target markets”
Zimnat
Executive Team
Mustafa Sachak was appointed to the TA Holdings Limited
Board in November 2006 and is currently the CEO of
Masawara Insurance, which has interests in general insurance,
life assurance and reinsurance.
Mustafa Sachak started his career at Motorola in the USA
where he spent 10 years in the Communication Division
before moving to Zimbabwe in October of 1996 to pursue
a different career path.
Mustafa Sachak graduated from University College London
with a BSc in Chemical Engineering in 1980 and a BSc in
Electrical Engineering from Florida Atlantic University in
1986 and an MBA from Florida International University
Mustafa Sachak whilst working for Motorola.
CEO Masawara Insurance

Munyaradzi qualified with a BSc in Mechanical Engineering

and also holds an MBA from the University of Cape Town.
In addition, he is a lending professional, certified by Omega
Performance, a leading international credit skills trainer.
Munyaradzi has over 20 years experience in Banking and
Manufacturing in various roles.
He has worked for a diverse array of organisations including
Intermarket, Standard Chartered Bank and British American
Tobacco.
His roles have encompassed manufacturing management,
project management, customer service, relationship
management, banking operations and business development.
Munyaradzi Javangwe He is currently the Chief Executive Officer for the Zimnat
Chief Executive Officer Life Assurance Group.
Zimnat Life Assurance
 Elizabeth is a qualified Chartered Accountant and is a member
of the Institute of Chartered Accountants Zimbabwe (ICAZ).
She also holds a Masters in Business Leadership with UNISA
School of Business Leadership.
She did her Articles with PricewaterhouseCoopers’ Harare
Office after completing her undergraduate degree at Rhodes
University in South Africa. Elizabeth then worked for Tractive
Power Holdings as a Group Internal Audit Manager until 2005
when she left to join The Reserve Bank of Zimbabwe (RBZ)
as the Deputy Division Chief of Finance and Administration.
Elizabeth joined Zimnat Life Assurance in October 2007 as
Finance Director and is currently the Chief Operating Officer.

Elizabeth Rabvukwa
Chief Operating Officer
Zimnat Life Assurance

Stanley was appointed as Operations Director for Zimnat

Lion, after returning from Cornerstone Insurance in Nigeria
where he was the General Manager – Technical for two years.
He has extensive experience in the insurance industry having
previously been General Manager for Zimnat Lion and AIG. He
is a qualified Fellow and Associate with the Insurance Institute
of South Africa.
He also holds an Executive diploma in leadership and a Masters
degree in Business Administration.

Stanley Mazorodze
Managing Director
Zimnat General Insurance
 Norman holds a Master’s Degree in Business Administration
(MBA) from NUST, a BBA Marketing from IMM, a Post Grad
Diploma in Management from NUST and various National
Diplomas locally.
He also has an Internationally Certified Expert accreditation
from The Frankfurt School of Finance and Management.
Norman is a certified member of the Institute of Bankers
of Zimbabwe (IOBZ). He attained the Boulder Institute of
Microfinance training program certificate in Turin, Italy in 2016.
Norman became Business Development Manager in March
2012 when Zimnat Financial Services was established and
was appointed as General Manager in May 2013.

Norman Chifamba
General Manager Zimnat
Microfinance

Oliver has over 20 years in the financial services industry.

He started his career in 1996 as an investment analyst for a
Leading Asset Management Company in Harare.
After working for three years in the asset management industry,
Oliver moved to a stockbroking business where he headed up
the Investment Research and Corporate Finance functions.
From 2004 to 2010, he was a partner in a boutique Corporate
Finance and M&A Advisory business, before joining Masawara
Zimbabwe to head the Group Investment Activities.
Oliver joined Zimnat Asset Management as Managing Director
in February 2017.

Oliver Lutz
Managing Director – Zimnat
Asset Management