Zimbabwe: Econet Insurance Drags Broker to Court Over $260k Dues

Econet Insurance Private Limited has dragged Auto and General Insurance Brokers (AGIB) to court demanding $266 571.00 for breach of contract following an agreement in which AGIB was to sell insurance policies and collect premiums from customers on behalf the telecoms firm.

Econet demands $266 571 plus interest thereon at the prescribed rate which is currently 5% per annum, calculated from 30 June 2019.

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