Staff Writer
GOVERNMENT has implored pension funds to urgently invest in data in management systems as unclaimed benefits soar 62% with backlog stemming from administrative challenges, Insurance 24 reports.
Ordinarily,unclaimed benefits imply to pension benefit that has become legaly due for payment for which no claim has been lodged and, it has remained unpaid to the member or beneficiary for a period
Staff Writer
The Victoria Falls Stock Exchange this morning listed its first Real estate investment trust, the Eagle REIT ,which becomes the first Reit to be listed on the bourse.
The REIT whose anchor projects are Mazowe Walk and Victoria Falls is seeking to raise US$62 million from the listing having already ssecured US$24.5 million through a private placement.
The money will be used for two afore-
Go back to basics- pensions industry told
Staff writer
The pensions industry must go back to basics and find its green path by looking at what matters to the economy, it has emerged.
This was revealed by Nyaradzo Asset Management GM Onismas Karakadzai at the ongoing Zimbabwe Association of Pension Funds 50th Annual conference in Victoria Falls this morning.
Karakadzai who was navigating Zimbabwe’s
Staff Writer
THE pension industry needs to start looking at micro- pensions schemes while addressing the issue of poverty inorder for pensions funds to work again in Zimbabwe in the midst of a myriad propositions, Insurance 24 reports
The propositions are coming at a time the industry has over the decades battling numerous challenges including loss of value, low contributions and loss of confidence
Staff Writer
FINANCIAL services group Zimre Holdings Limited (ZHL) says its key priorities for the year include driving balance sheet optimization, improving collaboration across strategic business units, and the revitalization of better-performing assets, Insurance24 reports