Staff Reporter
ZB Financial Holdings, through its banking unit ZB Bank, has launched a new mobile wallet, “Smile Cash”, as part of its digital expansion and the desire to drive financial inclusion.
Smile Cash is accessible via USSD (*225#) and is compatible with any mobile phone and currently offers zero transaction fees for users.
The ZB Chief Transformation Officer, Kangai Maukazuva, said the
HARARE, If there is one thing that has been proven over and over again in the last two decades, it is that the ZSE alone cannot be relied on for value preservation. Some investment management pundits are though quick to counter this by
demonstrating that it has beaten official price inflation over the period. A deeper analysis, however, shows how dismally it has fared against the rate of currency
Staff Writer
HARARE: The regulation of Medical Aid Societies in Zimbabwe is sadly inadequate, according to Itai Rusike, Executive Director of the Community Working Group on Health (CWGH).
In a statement, he said the Ministry of Health and Child Care (MOHCC) lacks the capacity to effectively regulate these societies, and the proposed new bill aimed at creating a Regulatory Authority should strive to
Staff Writer
Local bank, POSB has expanded its product suite through a new bancassurance tie‑up with Zimnat General Insurance, enabling customers to purchase a range of insurance products at any of the bank’s branches nationwide.
The partnership, announced on May 5, 2025 in Harare, marks a significant step in POSB’s drive to deepen financial inclusion by leveraging its 120‑year‑old retail
By Kuda Mundowozi
In recent years, governments across the globe, including Zimbabwe, have increasingly granted prescribed asset status to infrastructure and renewable energy projects such as solar farms. This move is intended to attract pension fund investments by offering these projects as viable, long-term alternatives for portfolio diversification. The logic behind this strategy is twofold: to
Staff Writer
Cancer remains one of the most pressing public health challenges in Zimbabwe, with cervical and breast cancers leading the burden among women.
According to the World Health Organization (WHO), cervical cancer is the second most common cancer affecting Zimbabwean women, with an estimated 1,000 new cases diagnosed annually.
Breast cancer continues to be a major contributor to cancer-related
Pension Funds Eye Infrastructure and Solar Projects as Prescribed Assets
…but are they truly safe Insu24_Newsletter May Issue
Staff writer
The Central Africa Building Society Limited (CABS) has applied to the Zimbabwe Energy Regulatory Authority (ZERA) to construct, own, operate and maintain a 0.5 MW solar photovoltaic plant at number 3 Northend Close, Northridge Park, Borrowdale, Harare.
(markets)
The Zimbabwe Stock Exchange (ZSE) closed 1.42% weaker on the All-Share Index, settling at 188.1969 points.
This decline was primarily driven by a 5.9% slump in DLTA, following a block trade of 1.2 million shares, which significantly boosted both volumes and values.
Overall, 4.1 million shares were traded, with OKZ, DLTA, and ECO leading activity. The total value traded reached ZWG 20
Staff Writer
Insurance and pensions industry regulator, IPEC says the life assurance industry is moving long term products to pre-dominantly annually renewable products which is inconsistent with the spirit and intention of the Funeral Directive.
According to the Q4 2024, life assurance report, the direct life insurers reported insurance revenue of ZiG3.15 billion, equivalent to US$175 million, during