Hope for pensioners as inquiry report is tabled before Cabinet
Insurance24
HARARE, Ministry of Finance and Economic Development will soon table before Cabinet a report that was prepared in a bid to compensate pensioners whose pensions were eroded during the conversion from Zim dollar to US dollars.
In 2015 government set up a commission of inquiry to probe the conversion process used to convert pensions
Activity improves on ZSE, as Old Mutual goes it alone for insurers
Insurance24
HARARE, Market activity was decent with turnover closing at USD 1.6m. Trades of note were posted in Delta, Econet, PPC, OM and Seedco. The market recovered marginally with the All Share Index closing the day 0.28 points firmer.
The Industrial Index was up 0.94 points while the Mining Index closed flat with no activity in
Mbada Diamonds Pension Fund goes into liquidation
Insurance24
HARARE, Insurance regulator, the Insurance and Pensions Commission (IPEC) has approved the liquidation of Mbada Diamonds Pension Fund and David Mureriwa, an independent consulting actuary has been appointed the liquidator of the fund.
In 2015, government moved to consolidate the diamond mining industry and ceased operations for the other
Hope for pensioners and as inquiry report is tabled before Cabinet
Insurance24
HARARE, Ministry of Finance and Economic Development will soon table before Cabinet a report that was prepared in a bid to compensate pensioners whose pensions were eroded during the conversion from Zim dollar to US dollars.
In 2015 government set up a commission of inquiry to probe the conversion process used to convert