Staff writer
Zimbabwe’s capital markets are navigating a complex environment marked by tight liquidity, currency uncertainty, and shifting institutional investment patterns in the second half of the year.
This is coming at a time when the Zimbabwe Stock Exchange turnover saw a total of 1.27 billion shares exchanging hands during the first half of the year, up 179% from 456 million shares were traded
Staff Writer
Old Mutual Zimbabwe launched its nationwide #WinterWarmer Campaign, a compassionate initiative designed to support the country’s most vulnerable communities during the harsh winter season.
Staff reporter
Zimbabwe’s stock market is feeling the strain as pension funds pivot away from equities in favour of property and alternative assets, a move that the Imara Asset Management has said is weighing heavily on the Zimbabwe Stock Exchange (ZSE).
In a recent quarterly investment notes update to clients, Imara non-executive director John Legat said pension funds’ growing preference
Staff Writer
OLD Mutual Insurance Company says its aggressive drive to expand market reach and roll out innovative products underpinned double-digit revenue growth for the year ended December 31, 2024.
Gross premium written (GPW) rose 10% to ZiG1,137 billion from ZiG1,040 billion in 2023, buoyed by new business acquisition and a strong retail portfolio, which grew to contribute 40% of GPW compared
Staff Writer
The Zimbabwe Stock Exchange Holdings (ZSEH) has self-listed on its Main Board by way of introduction, and trading of its securities will commence on July 11, 2025.
Chief executive Justin Bgoni said the listing is part of the ZSE’s transformational journey, which began in 2020 and is now coming to a close with the accomplishment of ZSE Holdings’ self-listing on the ZSE.
He said
Staff Writer
The Insurance and Pensions Commission (IPEC) says it has come up with an administrative framework for offshore investments which seeks to streamline the approval process for offshore investments by pension funds.
In this regard, a tripartite committee which is chaired by Ipec is now in place, and the regulator will be responsible for approving offshore investments.
In 2022, Ipec introduced
Staff Writer
The Insurance and Pensions Commission (IPEC) on July 1, 2025 hosted the President of the Institute and Faculty of Actuaries (IFoA), United Kingdom, Ms Kartina Tahir Thomson, at its Head Office in Harare.
The high-level engagement brought together senior representatives from IPEC, led by Commissioner, Dr Grace Muradzikwa, and the Actuarial Society of Zimbabwe (ASZ) led by its president,
Staff Writer
First Mutual Holdings (FMHL) consolidated Insurance Contract Revenue (“ICR”) for the period ended 31 March 2025 was $41.7 million, reflecting a 17% increase compared to the prior year.
The group in a trading update said the growth was driven by sustained customer confidence in the Group’s insurance offerings.
Absolute foreign currency (USD, BWP and MZN) constituted 82% of the Group’s
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.
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