Staff Writer
HARARE – Old Mutual Limited has announced plans to migrate its secondary listing in Zimbabwe from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), ending a six-year impasse that left its shares suspended from trading and restoring market access for local investors.
The move, which is subject to regulatory approvals, will see one of Zimbabwe’s largest
Staff Writer
The Government’s decision to compel private hospitals to provide emergency treatment to all patients, regardless of their ability to pay, marks one of the most significant healthcare policy shifts in recent years.
While the amendments to the Medical Services Act are designed to protect patients from being denied life-saving care because of financial hardship, they also fundamentally
Staff Writer
First Mutual Holdings Limited (FMHL) will pay out about US$1,3 million to minority shareholders of First Mutual Properties Limited (FMP) following the successful completion of a voluntary delisting offer that culminated in the property company’s exit from the Zimbabwe Stock Exchange (ZSE).
The cash offer attracted valid acceptances for 39,65 million shares, translating to a
Staff Writer
First Mutual Holdings Limited (FMHL) more than tripled its earnings in the first five months of 2026 after a sharp rebound in investment income offset rising insurance claims and operating costs, underscoring the resilience of the diversified financial services group’s business model.
The insurance and investment group reported a 202 percent jump in profit after tax to US$10,02
Staff Writer
Zimbabwe’s short-term insurance industry entered 2026 on a stronger financial footing, with most insurers comfortably meeting regulatory capital requirements and underwriting profitability improving despite a more challenging operating environment.
However, beneath the encouraging numbers, the latest Insurance and Pensions Commission (IPEC) sector report shows an industry grappling
Staff Reporter
Victoria Falls – Zimbabwe’s mining industry must urgently embrace climate finance and invest in cleaner technologies if it is to remain competitive in global markets increasingly driven by environmental standards and carbon reduction targets, Old Mutual Zimbabwe has said.
Speaking at the Chamber of Mines Zimbabwe Annual Mining Conference and Exhibition 2026, Old Mutual Zimbabwe
Staff Writer
The People’s Own Savings Bank (POSB) and AFC Insurance Company have signed a strategic bancassurance partnership aimed at expanding access to insurance products and integrated financial services across Zimbabwe, particularly in underserved rural communities.
The agreement will see POSB offer a range of insurance products through its banking network, including crop and livestock
Staff Writer
Zimbabwe’s insurance sector must urgently invest in continuous professional development, mentorship and skills development to build a resilient industry capable of withstanding technological and market disruptions, Insurance Institute of Zimbabwe (IIZ) president Dr Clementine Chinyuku has said.
Speaking at the IIZ Winter School 2026 last week, held under the theme, “Future-Proofing
Staff Writer
THE Insurance and Pensions Commission (Insurance and Pensions Commission) has cancelled the registration of Orchid Funeral Assurane effectively removing the firm from Zimbabwe’s insurance sector over serious regulatory breaches.
In a notice issued on 1 June 2026, IPEC confirmed the decision in terms of Section 22 of the Insurance Act (Chapter 24:07).
“The Insurance and Pensions Commission
Staff Writer
The Insurance and Pensions Commission (IPEC) has ordered all insurance, reinsurance, pension and funeral assurance entities to submit statutory quarterly reports on time and ensure they are properly signed off, following repeated delays and poor-quality submissions across the industry.
In Circular 14 of 2026 dated May 18, IPEC said the directive was issued