Pension funds seek nod to invest offshore…as IPEC looks to restructure the architect of the industry

Pension funds seek nod to invest offshore…as IPEC looks to restructure the architect of the industry

LS (Own corresponded)

HARARE, Pensions Industry players are engaging government through regulator, the Insurance and Pensions Commission (Ipec) to be allowed to invest outside Zimbabwe to preserve value.

The pension’s funds recommendation comes in the wake of loss of value and savings by Zimbabweans

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CBZ Holdings insurance units profitable in H1, 2018, as ratings also improve

CBZ Holdings insurance units profitable in H1, 2018, as ratings also improve

Walter Mapfumo

Staff Reporter

HARARE, CBZ Holdings insurance units net underwriting income for the interim period ended 30 June 2018 increased to $4,69 mln compared to $3,94 million same period last year.

Group’s total income for the period amounted to $93,16 million compared to $80,47 million in June last year.

A statement

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