Pension Funds Infrastructure Investments – Who Benefits? The contentious issue surrounding infrastructure development investing for pension funds is the question – is it the role of the private sector, pension funds in particular, to develop infrastructure? Is this not instead the sole responsibility of the government of the day? Further, is it not that pension funds’ first responsibility Read more Share...FacebookTwitterLinkedinemail […]

ZB Holdings insurance earnings surge Staff writer ZB Holdings Limited Net insurance related earnings rose from ZW$0.116bn in 2020 to ZW$0.239 billion in 2021, on the back of a favourable claims experience. This was despite a 29.8% decline in total income to $2,9 billion from ZW$4.128 billion for the period to 30 June 2020. ZB group CE Shepherd Fungura said gross premiums increased by 18.4% from ZW$0.592 Read more Share...FacebookTwitterLinkedinemail […]

ZSE firmer today HARARE, The ZSE traded firmer today with most indices reducing the losses from previous sessions. The Mining Index gained 19.30 points, the Top Ten Index added 2.47 points and the benchmark All Share Index was up by 15.49 points. First Mutual Properties and Getbucks were the biggest gainers adding 20% whilst Dawn Properties was the biggest loser after easing 11.53%. The market breadth Read more Share...FacebookTwitterLinkedinemail […]

Insurance modernisation critical for business success HARARE, Even prior to the onset of the COVID-19 pandemic last year, insurers were under pressure to modernise their legacy systems as customers started expecting more agile solutions capable of benefitting from advances in digitalisation, the cloud, and even machine learning technologies. Global events over the past 17 months have accelerated Read more Share...FacebookTwitterLinkedinemail […]

Life insurance is one of the important pillars of personal finance. In the COVID-19 era, this has assumed greater significance. In case of the death of the insured individual during the policy term, the death benefit (a lump-sum amount) is paid by the insurance company to the beneficiaries named by the individual. If the person survives the tenure of the policy, he/she doesn’t get anything back. The Read more Share...FacebookTwitterLinkedinemail […]