Staff Writer
Econet Wireless Zimbabwe has moved to explain the rationale behind its proposed transition from the Zimbabwe Stock Exchange (ZSE) Main Board to an Over-the-Counter (OTC) trading system administered by the Victoria Falls Stock Exchange (VFEX), citing persistent undervaluation and liquidity constraints on the local bourse.
In a circular to shareholders, the telecommunications group said
Staff Writer
The Government has underscored the need for pragmatism and integrity in addressing legacy issues within Zimbabwe’s insurance and pensions sector, saying sustained confidence-building is critical for an industry that protects livelihoods, mobilises long-term savings and supports national development.
Deputy Minister of Finance, Economic Development and Investment Promotion, Kuda Mnangagwa,
By Taurai Craig Museka
By any measure, the African Trade & Investment Development Insurance Agency (ATIDI) has become one of Africa’s most important financial institutions. Established to mitigate political, credit, and investment risks, ATIDI has evolved into a central pillar of the continent’s trade and infrastructure finance ecosystem.
Yet a closer look at ATIDI’s 2024 project support
Staff Writer
CBZ Holdings is accelerating its expansion into the regional insurance market as part of a broader strategy to grow an impactful balance sheet to US$2 billion by 2028.
Group chief executive Lawrence Nyazema said in an interview on CNBC Africa on the sidelines of the World Economic Forum in Davos.
Nyazema said CBZ, whose balance sheet has grown from about US$1 billion to just over
Staff Writer
The Deposit Protection Corporation (DPC) has announced the cancellation of membership of ZB Building Society and FBC Building Society from the Deposit Protection Scheme following the withdrawal of their operating licences by financial regulators.
In a statement, the DPC said ZB Building Society ceased to be a member of the Scheme after its operating licence and registration were cancelled
Staff writer/ press release
During the 2025/26 festive season, when traffic volumes and accident risks traditionally surge, the Insurance Council of Zimbabwe (ICZ) implemented a targeted highway emergency response initiative that demonstrated how coordinated, multi-stakeholder action can save lives and strengthen public confidence.
The initiative saw the deployment of ambulances along major national
Staff Writer
Zimbabwe’s life assurance industry is increasingly shifting away from traditional long-term insurance products towards predominantly renewable annual policies, prompting the Insurance and Pensions Commission (Ipec) to urge strict compliance with regulatory requirements, particularly the Funeral Directive.
According to Ipec’s life assurance sector report for the third quarter
Staff Writer
HARARE: Zimbabwe’s short-term insurance industry finds itself at a strategic variation, with the sector in 2025 demonstrating resilience, driven by a buoyant foreign-currency-denominated premium pool, a reformed regulatory landscape and expanding policy volumes.
But mounting complaints about service delivery and the policy debate around a Road Accident Fund (RAF) highlight the challenges
ICZ, HEMS partner for festive season road safety drive
Staff Writer
The Insurance Council of Zimbabwe (ICZ), in partnership with Highway Emergency Services (HEMS), has launched a festive season road safety campaign that will see 10 dedicated ambulances deployed along major highways nationwide to respond to road traffic accidents during the peak holiday period.
The initiative is part of the festive
Staff Writer
The Insurance Institute of Zimbabwe (IIZ) last Friday hosted its Annual Gala Dinner and Awards, an event that recognised visionary leaders and professionals whose lifelong contributions have shaped the country’s insurance industry.
Speaking at the celebratory dinner, IIZ president Clementine Chinyuku said the occasion