Staff Writer
Old Mutual Limited says Zimbabwe remains strategically relevant within the broader Old Mutual Africa Regions cluster, where the group is pursuing growth in retail and high-net-worth segments.
The group in its 2025 annual financials said a new high-net-worth offering rolled out in partnership with its wealth management division has been extended to affluent clients in Zimbabwe alongside
Staff Writer
The Insurance Institute of Zimbabwe (IIZ) president Clementine Chinyuku has hailed the emergence of a new generation of insurance professionals, describing them as key to shaping the future of financial security in Zimbabwe and across the region.
Speaking at the IIZ graduation ceremony held last Friday, Chinyuku said the event symbolised more than academic
Senate passes IPEC Amendment Bill, bringing NSSA under regulator
Staff Writer
Diversified group Innscor Africa Limited now holds a 27 percent stake in Tanganda Tea Company Limited after underwriting an US$8 million rights offer through its beverage holding entity, Rutanhi Beverages Limited.
The transaction is according to Innscor is aimed at aimed at unlocking value for both the business and Zimbabwe’s agricultural sector.
Commenting on the group’s half-year
Staff Writer
Zimbabwe’s pension industry is increasingly anchoring its asset growth and value preservation strategy on offshore and foreign currency–denominated investments, as funds navigate persistent exchange rate volatility and rising benefit obligations.
According to the Insurance and Pensions Commission (IPEC) report for the quarter ended December 31, 2025,
Staff Writer
A Zimbabwean insurance executive has been appointed to lead the specialty insurance arm of the African Export-Import Bank, marking a key leadership change at a time when African trade institutions are seeking stronger risk-management solutions.
AfrexInsure, the specialty insurance subsidiary of African Export-Import Bank, announced on Monday that Lesley Ndlovu will serve as its new Chief
Takudzwa Mashingaidze and Nobert M. Phiri
The promulgation of Statutory Instrument 44 of 2026 – Insurance (Amendment) Regulations, 2026 (No. 29), which came into effect on 27 February 2026, marks a significant development in the prudential regulation of Zimbabwe’s insurance sector. The amendments introduce a more robust framework governing capital adequacy, solvency, corporate governance, risk
Staff Writer
CABS in partnership with retail chain TM Pick n Pay Zimbabwe has donated a combined US$260 000 towards cancer-related initiatives, with the financial services institution’s managing director Mehluli Mpofu saying the collaboration reflects how partnerships can transform lives and expand access to critical health services.
The funds were raised through
RBZ adopts new roadmap for mono-currency, abandons the 2030 targe
Staff Writer
The Reserve Bank of Zimbabwe has changed its fixed 2030 timeline for the adoption of a mono-currency system to adopting a “conditions precedent” approach that prioritises sustained economic fundamentals over calendar dates.
Governor Dr John Mushayavanhu presenting the 2026 Monetary Policy Statement, clarified
RBZ unveils new ZiG Note
Staff Writer
The Reserve Bank of Zimbabwe has introduced a new “Big Five” series of ZiG banknotes as part of efforts to strengthen the country’s local currency.
The notes, unveiled by RBZ Governor Dr. John Mushayavanhu, will begin circulating on April 7, starting with the ZiG10, ZiG20, and ZiG50 denominations, while higher values will follow later.
Dr. Mushayavanhu said