Pensioners benefits require more attention: Ipec

Staff Writer

The Insurance and Pensions Commission (Ipec) says while pension benefits are mirroring asset performance, they are far from meeting pensioners reasonable expectations.

Dr Grace Muradzikwa, at the Commission’s AGM on Monday, said improving pensioners insurance benefits is an area that requires more attention.

“We have been monitoring whether the benefits are matching asset performance.

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ICZ appoints new chairperson, deputy

Staff Writer

The Insurance Council of Zimbabwe (ICZ) has elected CBZ insurance principal officer James Mharadze as its chairperson, taking over from Nicoz Diamond CE David Nyabadza, who has been at the helm of the Council since 2023.

Mharadze, who was also recently elected chairperson of the Council of Bureaux for the Common Market for Eastern and Southern Africa (COMESA) Yellow Card Scheme, will

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Green building practices crucial to reduce Zimbabwe’s carbon footprint

Staff Writer

The Green Building Council of Zimbabwe (GBCZ) says it is working closely with the government through relevant line ministries, departments and agencies to promote sustainable development and green building practices in the country.

According to the Council, the built environment is responsible for a significant portion of greenhouse gas emissions, and adopting green building practices

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POSB Introduces the Instant Payday Loan to Boost Financial Inclusion

Staff Writer

Harare, The People’s Own Savings Bank (POSB) has unveiled one of its newest financial product — the POSB Payday Loan — a fast, flexible, and fully automated loan facility designed to give customers the freedom to manage their finances with ease and confidence.

With the POSB Payday Loan, customers no longer need to wait for payday to take care of life’s important moments. Whether

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POSB continues to champion financial inclusion

POSB Continues Sponsorship Of The Capital Markets High School Quit

Staff Writer

Harare: The People’s Own Savings Bank (POSB) has reaffirmed its commitment to youth empowerment and financial literacy by continuing its sponsorship of the 2025 Capital Markets High Schools Quiz Competition, which officially kicked off on Thursday.

This year’s competition holds special significance as it coincides with

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4 areas of growth for insurance businesses in 2025

Driven by evolving customer needs, technological advances, and regulatory shifts, what has been key growth opportunities for 2025:

1)  Sports Insurance

The global sports industry is rapidly expanding, driving higher demand for comprehensive insurance. As sports grow in both professional and recreational spheres, insurers will see an increased need for coverage addressing athlete injuries, event

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