HIFA 30 April - 5 May 2019

Old Mutual Supports Many Positive Zimbabwean Endeavours Including HIFA

4 April 2018

Address by Old Mutual CEO on announcement of HIFA 2018 Old Mutual Day

Old Mutual Zimbabwe Limited is committed to supporting the development and growth of the Zimbabwean economy through various initiatives which include Arts and Culture, Sports, Education, Health and the Environment. We are pleased to be affiliated with the Harare International Festival of the Arts, a festival of Arts and Culture that has continued to evolve and transform lives across Zimbabwe - through bringing arts closer to the people of this country by providing exposure for local artists. Our Arts and Culture sponsorships have over the years extended to partnerships with NAMA, Alliance Francaise, Reps Theatre and the Zimbabwe Ballet Centre.

This year’s HIFA theme “We Count” is about counting the 18 successful years of HIFA’s existence.  Our partnership with HIFA over the years has been extremely rewarding as we have seen the festival grow to become a world-class diverse Arts and Culture platform for our society. HIFA has brought together artists from different backgrounds, uplifting them and providing them with a platform to showcase their abilities. Two of the festival’s seven days are dedicated to our Group, CABS Day which showcases the popular Opera Night and the last day of the festival the Old Mutual Day, which sees local artists collaborate with renowned international icons on the main stage.
Given the importance of Arts in uplifting our culture and pulling the society together, we look forward to a fully commercialised arts industry that is sustainable. In developed parts of the world; music, film, theatre (to name a few) have become livelihood industries that have transformed the lives of artists and the whole value chain of content creators, producers, distributors and promoters.  This is an ambition that we have for the arts industry in Zimbabwe
As a financial services giant our priority is the financial wellbeing of society as aptly expressed by our Old Mutual Purpose: Enabling Positive Futures.  We have recently increased the scale of our financial inclusion initiatives and we would like artists across the country to take advantage of these initiatives for their future financial wellbeing.

I will mention a few of the initiatives here:
We believe society should have access to professional financial advice and relevant financial products.  A financially literate society is able balance today’s needs with future needs. We have a financial literacy programme called “On the Money”. This consists of exciting and easily accessible modules that sharpen one’s ability to manage one’s finances.  I would like to invite HIFA, through Old Mutual to offer this programme to artists requiring it, as we have done in the past.
Secondly, Artists’ income tends to be lumped and sometimes seasonal.  Through our banking Unit CABS, we recently launched the Pumula South Residential stands in Bulawayo. We broke the tradition of asking for payslips from potential buyers in order to accommodate unique groups such as the self employed and artists. I implore artists to take advantage of this scheme to secure a home for their families.
We also have the “Diamond Retirement Fund” which makes it easy for people in this sector to save towards retirement.   Through our Unit Trusts we also offer a variety of Funds which can assist our customers to save and achieve their financial goals. Our financial advisors are able to talk through these products and initiatives in detail.
As the country’s largest integrated financial services group, we are delighted to be associated with HIFA 2018, the country’s premier arts festival. It is an undeniable fact that arts occupy an indispensable role in the societal structure. The daily struggles for survival are quite complex and can be taxing on the physical, mental and physical state of our bodies. This is where the arts come in, to renew our minds and spirits so that we are reenergized to face challenges head on to secure positive futures for ourselves. 
Finally, allow me to appreciate HIFA trustees, management, employees and volunteers who have made it possible for us to invest in this opportunity.
I thank you.



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