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
Staff Writer
The government says there is an urgent need to upgrade the National Social Security Authority (NSSA) systems in order to improve efficiencies in collecting contributions and paying pensions.
This was said by the Minister of Public Service, Labour, and Social Welfare, Edgar Moyo, announcing the Authority’s new Board, chaired
Staff Writer
The Green Building Council of Zimbabwe (GBCZ) says it is working closely with the government through relevant line ministries, departments and agencies to promote sustainable development and green building practices in the country.
According to the Council, the built environment is responsible for a significant portion of greenhouse gas emissions, and adopting green building practices
Staff Writer
Harare, The People’s Own Savings Bank (POSB) has unveiled one of its newest financial product — the POSB Payday Loan — a fast, flexible, and fully automated loan facility designed to give customers the freedom to manage their finances with ease and confidence.
With the POSB Payday Loan, customers no longer need to wait for payday to take care of life’s important moments. Whether
POSB Continues Sponsorship Of The Capital Markets High School Quit
Staff Writer
Harare: The People’s Own Savings Bank (POSB) has reaffirmed its commitment to youth empowerment and financial literacy by continuing its sponsorship of the 2025 Capital Markets High Schools Quiz Competition, which officially kicked off on Thursday.
This year’s competition holds special significance as it coincides with
Staff Writer
The Insurance Council of Zimbabwe (ICZ) says insurers are looking into the future and have realised that the future is digital.
HARARE: OLD Mutual Zimbabwe’s decision to sponsor the 4th edition of the Capital Markets High School Quiz Competition underscores its critical importance in cultivating future generations of informed investors and financially literate citizens, the company has said in a statement to this publication.
This commitment directly aligns with the company’s long-term vision
Staff Writer
HARARE: Zimbabwe’s pension funds are now heavily invested in investment properties, a shift away from equity investments where traditionally the funds had the highest concentration.