Zimbabwe's topline contribution to the sub-regional hub of the Common Market for Eastern and Southern Africa's reinsurance company, ZEP-Re PTA Reinsurance, has dropped from 95% in the last six years to 73% due to continuing economic deterioration in the country with revenues seen coming down to US$17 million by year-end, businessdigest has learnt.
The regional grouping's sub-regional hub, which was targeting US$20 million revenue for the 2018 financial year, says it is likely to miss the target to close at US$17 million.
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