IMF calls for transparency on pension contributions
Dorcas Chigodho
Staff Reporter
HARARE, The International Monetary Fund (IMF) says there is no transparency in the recording of pension’s contributions in government and there is need to ensure clear recording of pension obligations for the country’s’ six non-autonomous pension schemes.
In a Zimbabwe country report, IMF said pension contributions
CBZ Holdings capitalizes insurance unit
Staff Writer
CBZ Holdings says it has availed appropriate funding to its insurance unit, CBZ Insurance, to regulise the unit’s compliance with the regulatory minimum capital requirement.
As at Q1, 2020, the insurance unit, together with Redsphere Finance were among the group’s subsidiaries which had regulatory capital shortfalls.
“During the period, group’s