By Kuda Mundowozi
In recent years, governments across the globe, including Zimbabwe, have increasingly granted prescribed asset status to infrastructure and renewable energy projects such as solar farms. This move is intended to attract pension fund investments by offering these projects as viable, long-term alternatives for portfolio diversification. The logic behind this strategy is twofold: to
Staff Writer
Cancer remains one of the most pressing public health challenges in Zimbabwe, with cervical and breast cancers leading the burden among women.
According to the World Health Organization (WHO), cervical cancer is the second most common cancer affecting Zimbabwean women, with an estimated 1,000 new cases diagnosed annually.
Breast cancer continues to be a major contributor to cancer-related
Pension Funds Eye Infrastructure and Solar Projects as Prescribed Assets
…but are they truly safe Insu24_Newsletter May Issue
Staff writer
The Central Africa Building Society Limited (CABS) has applied to the Zimbabwe Energy Regulatory Authority (ZERA) to construct, own, operate and maintain a 0.5 MW solar photovoltaic plant at number 3 Northend Close, Northridge Park, Borrowdale, Harare.
(markets)
The Zimbabwe Stock Exchange (ZSE) closed 1.42% weaker on the All-Share Index, settling at 188.1969 points.
This decline was primarily driven by a 5.9% slump in DLTA, following a block trade of 1.2 million shares, which significantly boosted both volumes and values.
Overall, 4.1 million shares were traded, with OKZ, DLTA, and ECO leading activity. The total value traded reached ZWG 20
Staff Writer
Insurance and pensions industry regulator, IPEC says the life assurance industry is moving long term products to pre-dominantly annually renewable products which is inconsistent with the spirit and intention of the Funeral Directive.
According to the Q4 2024, life assurance report, the direct life insurers reported insurance revenue of ZiG3.15 billion, equivalent to US$175 million, during
A total of 5 pension funds were registered during the year ended 31 December 2024 namely Bubi RDC, Contact Family Counselling Centre Provident Fund, Donhodzo Micro-Pension Fund, Medical and Allied Industry and Africa University Provident Fund.
Chipper, under Zimnat, was erroneously reported in the prior quarter as registered, yet unregistered.
Pension scheme sponsors and administrators should ensure
Dear Subscriber, Insurance24 will, on 2 May 2025, resume publication of its WEEKLY informative newsletter, and in this regard, we are calling for ARTICLES from interested contributors. The newsletter will offer an outlook for insurance and pensions through the latest industry news, analysis and product reviews. For companies, the publication will create brand awareness and build stronger client
Staff Writer
Harare: Econet Wireless insurance business continues to grow and expand largely riding on the group’s digital platforms.
According to the group’s financials for the 3d quarter ended November 30, 2024, the life insurance business, EcoSure, recorded a 51% growth in transaction volumes compared to the same period last year as it continues to offer digital bundled products for
Staff Writer
HARARE, The Insurance Council of Zimbabwe (ICZ), an association of short-term insurers, says the industry is exploring new business lines through inclusive insurance and targeting the informal sector.
Currently, motor and fire insurance continue to dominate short-term insurance industry revenue in both local currency and US dollar terms.