Insurance24 Staff Writer
The Insurance and Pensions Commission (IPEC) has commenced disbursement of US$200 each to 8,600 eligible pensioners as compensation for losses arising from Zimbabwe’s 2019 currency reforms.
The payments are being funded by a US$1.75 million dividend received from Mutapa Gold Resources, with beneficiaries receiving the money through their EcoCash wallets.
IPEC said the current
Staff Writer
The Insurance Council of Zimbabwe (ICZ) has urged policyholders affected by the devastating Masvingo hailstorm to contact their insurers and brokers to initiate claims, as the industry pledged support for recovery efforts following a disaster that has affected an estimated 17,000 households.
In a statement issued on behalf of the insurance industry, ICZ chairman James Mharadze expressed
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Fuel prices in Zimbabwe remain high despite marginal reductions in the latest review by the Zimbabwe Energy Regulatory Authority (ZERA), offering motorists and businesses limited relief amid continued pressure on transport and operating costs.
In its fuel price update effective 8 October 2026, ZERA set the maximum price of diesel at US$2.04 per litre, down from
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Zimbabwe’s decision to separate the Finance Ministry from the economic development and investment promotion portfolio has placed renewed focus on investment mobilisation, macroeconomic stability and the protection of long-term savings, with insurers and pension funds closely watching how the new arrangement unfolds.
President Emmerson Mnangagwa has appointed