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
ZHL’s acquisition of ZPI still work in progress, as the group postpones AGM
Staff Writer
ZIMRE Holdings has advised that the pending 100% acquisition of Zimre Property Investments transaction is still work in progress, and the full impact on shares is still to be determined.
“While the full impact of these negotiations, if successful, is still being determined, the Transaction may have a material
WFP URGENTLY SEEKS INTERNATIONAL SUPPORT TO PREVENT MILLIONS OF ZIMBABWEANS PLUNGING DEEPER INTO HUNGER
ROME– With COVID-19 aggravating an already severe hunger crisis in Zimbabwe, the United Nations World Food Programme (WFP) today appealed for an additional US$250 million to support a rapidly expanding emergency operation for millions at-risk.
WFP projections indicate that by year’s end,
ZSE confirms trading resumption without three dual listed counters
Staff writer
THE Zimbabwe Stock Exchange (ZSE) has confirmed the resumption of trading on August 03, without three international listed firms namely Old Mutual, PPC and SeedCo International.
Justin Bgoni, the ZSE CEO, in a statement, affirmed the Finance Ministry’s statement which gave the green light to resume trading next week,
Cabinet approves amendments to Deposit Protection Corporation Act
Staff Reporter
ZIMBABWE’s Cabinet yesterday considered and approved the Principles to amend the Deposit Protection Corporation Act [Chapter 24:29] as presented by the Minister of Finance and Economic Development.
According to the cabinet minutes, the amendments to the Act will provide a governing legal framework for banking institutions
Insights From the Field: The Impact of COVID-19 on Insurance Companies
“Despite the difficulties, most insurers shared that they would retain an appetite for agriculture insurance”
HARARE, (Global Index Insurance Facility) – To understand the impact of COVID-19 on agriculture insurance operations, GIIF conducted a survey with 11 of its implementing partners in Sub-Saharan Africa and
Old Mutual remain suspended as ZSE resumes 03 August
Staff writer
HARARE, The Zimbabwe stock exchange saga has now sucked in brokers, asset managers and share market investors as the Financial Intelligence Unit concludes investigations on the alleged malpractice on the bourse.
Finance minister Mthuli Ncube said the ZSE will resume trading on the 3rd of August
Is this the insurance industry’s new normal? (By Travys Wilkins)
Many insurance businesses have been forced to speed up their digital transformation efforts but could a hybrid business model be the industry’s future?
When government first announced a national lockdown back in March, countless businesses were left scrambling to make working from home, work. Sure, distributed work was probably on
NSSA house closed on Covid 19 grounds
Staff reporter
HARARE, The National Social Security Authority (NSSA) has temporarily closed down its NSSA house in Harare to allow for deep cleaning and decontamination following the incidence of a positive COVID-19 test for one of its employees.
In a notice Marketing and Communications Executive Tendai Mutseyekwa said the affected employee was last at NSSA
State need to reform or risk sinking
The 2007-08 farm mechanisation saga continue to hog limelight after a leak revealed beneficiaries of the scheme. For over 12 years the beneficiaries of the US$200 million scheme have been kept secret by the state. Some were of the view that the controversial scheme was behind the 2015 RBZ debt assumption bill, which was then passed by parliament.