Staff Writer
HARARE: Stanbic Bank Zimbabwe has launched a series of Level Up Business Clinics at its Incubator Hub, aimed at equipping small and medium sized enterprises (SMEs) with the tools to address their business challenges and enhance their growth prospects.
The clinics, which follow the success of the bank’s Starter Up Incubation programme inaugurated last year, will support 63 entrepreneurs
Staff Writer
HARARE, Old Mutual says it is proud to continue its longstanding role as the title sponsor of the Institute of Chartered Accountants of Zimbabwe (ICAZ) Charity Golf Tournament, held on April 4, 2025.
For over 12 years, this partnership has brought together golfing enthusiasts and industry leaders, all united in the common goal of supporting vital educational initiatives and community
Staff Writer
HARARE, The Reserve Bank of Zimbabwe (RBZ) says pensions provide financial security and dignity in retirement, encouraging long-term savings and contributing significantly to national capital formation.
Governor Dr John Mushayavanhu, at a recent media awards ceremony, said importantly, the insurance and pensions industry in Zimbabwe has been playing a critical role in mobilising domestic
FBC Holdings Limited says its insurance businesses are continuously adapting to industry developments as the insurance industry faced mixed fortunes in 2024, Insurance 24 reports
Staff Writer
HARARE: ZB Financial Holdings says an increase in new business as well as in sum assured was key in driving growth in gross premium for the group in 2024, closing the year at ZWG 0.16 billion and ZWG 0.33 billion in reinsurance gross premium.
The Group says this was also buoyed by an increase in the share participation,
Old Mutual Zimbabwe has invested in various initiatives aimed at promoting financial inclusion as part of the group’s efforts to support the economy.
The Insurance and Pensions Commission says it has not approved any of the currency conversion reports submitted by the industry, as they compromised the credibility of the currency conversion exercise, extending the deadline for submitting audited financial statements of pension and provident funds to 31 May 2025.
Staff Writer
CBZ Holdings says its insurance cluster secured key partnerships and affinities in 2024 and increased dollarisation of the book to 83 per cent.
The group’s insurance units include CBZ Life, CBZ Insurance and CBZ Risk Advisory. This is in addition to the group’s other subsidiaries in banking, investments, wealth management, mortgages and retail finance.
In the year to December 31, 2024,
IPEC Strengthens Commitment to Integrity with Pledge Signing Ceremony
Harare: The Insurance and Pensions Commission (IPEC) on Monday held the Board and Management Integrity Sensitisation and Integrity Pledge Signing Ceremony, reinforcing its unwavering commitment to ethical governance and transparency.
The Zimbabwe Anti-Corruption Commission (ZACC) facilitated the ceremony held in Harare for the IPEC
HARARE: The market swung into the red in Tuesday trading with the All Share Index shedding a marginal 0.11% and settling at 206.6511pts.
A total of 16,420,436 shares traded on the day buoyed a block trade in SACL of 12.9m shares representing 79% of the market’s aggregate.
Value of trades came in at ZWG 15.2m as top trades were registered in ECO, DLTA and TSL.
Trades in SIM highlighted the VFEX boosting