Bgoni appointed ASEA vice-president as African exchanges push deeper integration

Staff Writer

Zimbabwe Stock Exchange chief executive Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association (ASEA), placing him at the centre of efforts to deepen cooperation and cross-border investment across the continent’s securities markets.

Bgoni’s appointment, effective October 2, 2026, comes as African exchanges seek to strengthen inter-exchange

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Pension funds urged to turn strategy into measurable member value

Staff writer

BULAWAYO — Zimbabwe’s pension industry must move beyond strategy documents and activity reports and demonstrate measurable value to members, the Zimbabwe Association of Pension Funds (ZAPF) has said, as the sector faces growing demands for stronger governance, digital transformation and financial sustainability.

ZAPF Director General Sandra Musevenzo said the association was tightening

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Fidelity Life profit plunges 74% as claims squeeze insurance performance

Staff Writer

Fidelity Life Assurance of Zimbabwe’s earnings came under significant pressure in the first half of 2026, with group profit falling 74% to US$1.57 million as rising insurance service costs overwhelmed weaker insurance revenue growth.

According to financials of the group’s unaudited interim financial statements for the six months to June 30, 2026, the business remains profitable but

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