Insurance, pension funds face sweeping ESG overhaul as IPEC tightens regulation
Staff Writer
HARARE – Zimbabwe’s insurance companies and pension funds are set for their biggest operational and invest
Author: Insurance24
28Jul
ZEEX launched to unlock capital for Zimbabwe’s SMEs
Staff Writer
The Zimbabwe Stock Exchange (ZSE) has officially launched the Zimbabwe Entrepreneurship Exchange (ZEEX), a dedicated platform designed to expand access to capital for small and medium enterprises (SMEs), in a move expected to transform financing opportunities for one of the country’s most important economic sectors.
The exchange was officially launched in Bulawayo last Friday following
28Jul
CABS commits US$20 Million to Mutapa Syndicated Fund, reaffirms support for key economic sectors
Staff Writer
CABS committed US$20 million to the US$125 million syndicated financing facility for Mutapa Gold Resources’ Shamva Hill project, reaffirming its commitment to supporting strategic sectors of the economy through long-term financing partnerships.
Speaking at the signing ceremony last Thursday, CABS Deputy Managing Director Mr Cecil Ndoro said the bank remained committed to working
24Jul
Old Mutual plans to list a US$46,2m Development REIT on VFEX
Staff Writer
Old Mutual is preparing to launch a US$46,2 million Development Real Estate Investment Trust (REIT) on the Victoria Falls Stock Exchange (VFEX), expanding the range of long-term investment assets available to institutional investors.
The US dollar-denominated REIT, sponsored by Old Mutual Life Assurance Company and managed by Old Mutual Investment Group, is expected to open for subscriptions
21Jul
Econet InfraCo deploys 90 new base stations as solar expansion gathers pace
Econet InfraCo deploys 90 new base stations as solar expansion gathers pace
10Jul
Old Mutual to shift Zimbabwe listing to VFEX After six-year trading suspension
Staff Writer
HARARE – Old Mutual Limited has announced plans to migrate its secondary listing in Zimbabwe from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), ending a six-year impasse that left its shares suspended from trading and restoring market access for local investors.
The move, which is subject to regulatory approvals, will see one of Zimbabwe’s largest
10Jul
New emergency care law reshapes obligations for private hospitals
Staff Writer
The Government’s decision to compel private hospitals to provide emergency treatment to all patients, regardless of their ability to pay, marks one of the most significant healthcare policy shifts in recent years.
While the amendments to the Medical Services Act are designed to protect patients from being denied life-saving care because of financial hardship, they also fundamentally
10Jul
FMHL pays out US$1,3 million as FMP exits ZSE
Staff Writer
First Mutual Holdings Limited (FMHL) will pay out about US$1,3 million to minority shareholders of First Mutual Properties Limited (FMP) following the successful completion of a voluntary delisting offer that culminated in the property company’s exit from the Zimbabwe Stock Exchange (ZSE).
The cash offer attracted valid acceptances for 39,65 million shares, translating to a
30Jun
First Mutual Holdings doubles profit as investment income boosts earnings
Staff Writer
First Mutual Holdings Limited (FMHL) more than tripled its earnings in the first five months of 2026 after a sharp rebound in investment income offset rising insurance claims and operating costs, underscoring the resilience of the diversified financial services group’s business model.
The insurance and investment group reported a 202 percent jump in profit after tax to US$10,02
30Jun
Insurance sector demonstrates resilience, but liquidity strains expose operational fault lines
Staff Writer
Zimbabwe’s short-term insurance industry entered 2026 on a stronger financial footing, with most insurers comfortably meeting regulatory capital requirements and underwriting profitability improving despite a more challenging operating environment.
However, beneath the encouraging numbers, the latest Insurance and Pensions Commission (IPEC) sector report shows an industry grappling