Cassava Fintech and Liquid Telecom Group partner to launch Sasai Wi-Fi Finder in Zimbabwe

Cassava Fintech and Liquid Telecom Group partner to launch Sasai Wi-Fi Finder in Zimbabwe

 Service to accelerate digital and financial inclusion in Africa

London, England, August 6, 2020 – Cassava Fintech International (CFI) and Liquid Telecom Group (LTG) have announced the launch of the Sasai Wi-Fi Finder, a potential game-changer in driving digital and financial inclusion in Africa. The service,

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Pensions industry pleads for waiver in payment of levies as Covid 19 takes effect

Pensions industry pleads for waiver in payment of levies as Covid 19 takes effect

Staff Reporter

HARARE, The pensions industry is pleading for clemency on statutory requirements with relaxation of deadlines for submission of IPEC returns and a waiver in the payment of IPEC levies on the fore as the industry bows down to the effects of covid 19, Insurance24 can report.

The industry says these are trying

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Govt gazettes VFEX exchange control regulations

Govt gazettes VFEX exchange control regulations

Staff Writer

HARARE – Government has gazetted regulations that will guide the setting up of the Victoria Falls Stock Exchange (VFEX) under Exchange Control Regulations.

This comes as the Finance Minister has set an end of August deadline for the operationalisation of the exchange, according to Treasury sources.

The VFEX, which is being spearheaded

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Women takes over ZAPF leadership

Women takes over ZAPF leadership

Staff Reporter

HARARE, The Pensions and Insurance industry has always been a male dominated space, but things are changing with the new executive posts at the Zimbabwe Association of Pensions Funds (ZAPF), shifting the lenses through which the industry can been viewed.

Rutendo Magorimbo and Cynthia Mugwira are now steering the ship at ZAPF (up to the next AGM in

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FMHL on solid footing despite covid 19

FMHL on solid footing despite covid 19

Staff Reporter

HARARE, First Mutual Holding Limited (FMHL) says it will continue as a going concern despite the ugly face of the covid 19 pandemic which has diminished the short term growth prospects of the economy and the Group.

The group however says the evolving nature of the pandemic will require continuous monitoring and assessment to establish the impact

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ZSE resumes trading but trades in negative territory

ZSE resumes trading but trades in negative territory

Staff Writer

HARARE, Zimbabwe Stock Exchange resumed trading on Monday after a month long suspension and as was expected, the main indices closed in the red as the market opened sellers only.

Turnover was also quite subdued although this is only temporary as the majority of fund managers are liquid following the release of almost $300 million of

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Pension funds trustees should adopt stakeholder approach

Pension funds trustees should adopt stakeholder approach

Staff Reporter

HARARE, Pension fund trustees must adopt a stakeholder approach to navigate the current business and economic realities in order to build long term value in a postCOVID-19 world as the pandemic has led to a global health and economic crisis that will have drastic short- and long-term impacts on organizations’ business models.

This

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ICZ GUARANTEES INSURANCE COMPENSATION UNDER MIP

Tendai Karonga, ICZ’s Executive Officer

ICZ GUARANTEES INSURANCE COMPENSATION UNDER MIP

Victims of road traffic accidents involving foreign registered vehicles have been accessing compensation under the Motor Insurance Pool (MIP) upon lodging their claims. Unfortunately, some claims have gone unpaid due to non-fulfilment of requirements.

Some policyholders or victims have not been lodging claims

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The market should price itself

The market should price itself    

By Equity Axis

HARARE, Last week the government put in place a legislation charging any persons offering goods and service to quote both in local and foreign currency, for the products. The law follows a sustained disharmony between the local prices of goods and the comparable USD price charged at the point of sale (implied exchange rate)

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IPEC temporarily closes offices as employee tests positive for Covid 19

IPEC temporarily closes offices as employee tests positive for Covid 19

Staff Writer

HARARE, THE Insurance and Pensions Commission (Ipec) has closed two of its offices to allow for deep cleaning and disinfection of the offices after one of its employees tested positive of the corona virus.

The Commission joins several companies, supermarkets which have closed branches and offices as preventive measures

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