Old Mutual settles US$84m legacy debt

By Cloudine Matola   Zimbabwe’s largest financial services group, Old Mutual Zimbabwe Limited (OMZIL), has settled its US$84.3m legacy debt through the issuance of OMZIL C Preference Shares, bringing to a close all obligations relating to the historic liability, Business Times can report.   The transaction, which received all requisite shareholder, regulatory and corporate approvals,…