As at November 1, 2019, OMZIL shares were trading at ZWL 3,698 cents on the Zimbabwe Stock Exchange.
Brewin said the total consideration, of EUR50.2 million, consisted of EUR13 million in net assets and client relationships of EUR37.2 million.
“This is largely due to currency depreciation, as the rand has lost half its value since 2010,” the group said.
And according to United Kingdom visa company MoveUp, there was a 22% increase in emigration to the UK in the last two years, with 2018 serving a record breaking year for emigrations.
This report provides a review of the wealth sector in Africa, including high-net-worth individuals’ market, luxury trends and wealth management insights across the continent.