Staff Writer
The Eight2Five Innovation Hub, powered by Old Mutual has launched the 2024 edition of the Value Creation Challenge (VCC4), which is an innovative incubation programme that aims to bolster innovation and entrepreneurship in Zimbabwe.
Author: Insurance24
7May
Fidelity to continually improve products for policyholders
Staff Writer
Fidelity Life Assurance (FLA) says its continues to improve products for the policyholders and enhance them in response to evolving policyholder expectations as well as conditions obtaining in the environment.
Group chairman Livingston Gwata says creativity and innovation were also extended to the choice of the company’s markets and investments as it sought to create and preserve value
7May
Zimre Holdings targets cost-effective insurance
Staff Writer
Zimre Holdings (ZHL) strategy remains anchored on delivering a strong cash wallet through driving a cost-effective insurance float and increasing the contribution from regional investments.
The group will also continue to consolidate on its experience and dynamism and enhance market share acquisition through innovations.
“In regional operations, this will be done by upscaling their balance
29Apr
State of the Pension Fund Industry : Regulation :Good, Bad Cop, or Bad, Good Cop
By Gandy Gandidzanwa & Itai Mukadira
That who ultimately pays for the cost of regulation in the pension fund industry has long been resolved and we are not even going to labour that much on it in this thought piece. Suffice to say of course that, the same parties, the members, that the regulation is crafted to protect, are the same parties that ultimately pay for its implementation, monitoring,
25Apr
Actuarial consulting firm ,Invent Multiple Agencies launch trade credit insurance product
Staff Writer
A local actuarial consulting firm ,Invent Multiple Agencies and actuaries has launched a credit insurance product for Zimbabwe bound exports from South Africa.
Trade credit insurance protects businesses against commercial customers’ inability to pay for goods or services.
In a statement, Invent said the insurance product will be issued by Asset Finance Insurance South Africa(AFI) .
Invent
23Apr
Zim/Africa needs to embrace trade credit
Zim/Africa needs to embrace trade credit insurance
Staff Writer
ZIMBABWE and Africa need to embrace trade credit insurance as it helps to close a number for gaps in the financial markets, providing and additional of security, Insurance24 reports.
Trade credit insurance is a type of business policy that protects a company’s accounts receivables against losses
17Apr
Gazetting of the US$-indexed minimum capital requirements advanced: IPEC
Gazetting of the US$-indexed minimum capital requirements advanced: IPEC
Staff Writer
The Insurance and Pensions Commission (Ipec) says the gazetting of the US$-indexed minimum capital requirements for short-term insurers is at an advanced stage, hence all players are expected to assess their current capital positions.
The government last year finalised regulations for the new solvency regime for the
9Apr
RBZ issues administrative guidance for outstanding auction and retention balances
RBZ issues administrative guidance for outstanding auction and retention balances
HARARE, The Reserve Bank of Zimbabwe (RBZ) has issued through the Exchange Control department administrative guidance and compliance parameters to authorised dealers of foreign currency.
Exchange Control acting director, Tafadzwa Muvevi through section 35 (1) of the exchange control regulations statutory instrument 109
2Apr
CABS commits to support productive sectors and financial literacy
CABS commits to support productive sectors and financial literacy
Staff Writer
CABS, a member of the Old Mutual Group, received US$110 million lines of credit in 2023 from AfreximBank and the Trade and Development Bank for on-lending to key economic sectors of the economy such as agriculture, mining, energy, and manufacturing.
The Bank, in its 2023 annual report, said it remains
2Apr
AFC Insurance affirms its role in driving agricultural solutions
AFC Insurance affirms its role in driving agricultural solutions
Staff Writer
AFC Insurance Company, together with AfC Land and Development Bank and AFC Leasing Company, are expected to continue providing accessible solutions to the agricultural sector as part of AFC Holdings’ business continuity and growth plan.
This comes as the group says it has continued to implement the plan, including