Africa remains underinsured at 2.7% in 2022 Staff writer  Zimbabwe’s Finance Minister Mthuli Ncube has said Africa remains desperately underinsured, with an average insurance penetration of 2.7% in 2022 against a global insurance penetration of 7%. In his speech at the ongoing Insurance and Pensions Regulators Retreat for Africa, he said it was surprising to note Read more Share...FacebookGoogleTwitterLinkedinEmail […]

ZHL income up 554% in five months to May 2023 Staff writer HARARE, Zimre Holdings (ZHL) total income for the five months to May 2023 grew 554 percent to $22,36 billion from $3,42 billion in 2022, driven by an increase in United States dollar revenue inflows from local entities from 35 percent to 65%. Stanley Kudenga, the group’s chief executive in a trading update at the group’s Read more Share...FacebookGoogleTwitterLinkedinEmail […]

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...FacebookGoogleTwitterLinkedinEmail […]

53 Africa Higher Education Centres to convene in Benin Staff writer 53 Africa Higher Education Centres are set to convene for   the 7th bi-annual meeting of the Africa Centres of Excellence for Development Impact (ACE Impact) in Cotonou, Benin Next week. The In-person meeting which is the first Post-Covid is aiming to enhance the drive toward Achieving Development Impact. The meeting also seeks to Read more Share...FacebookGoogleTwitterLinkedinEmail […]

Crop insurance a panacea for Zimbabwe’s agriculture success Zimbabwe’s poor farmers are increasingly falling prey to natural disasters, droughts and torrential rain largely due to climate change. However, insurance can assist in managing these losses, and crop insurance is that branch of this financial mechanism that is especially geared to covering losses from adverse weather and similar events Read more Share...FacebookGoogleTwitterLinkedinEmail […]