Minerva implores clients to adhere to lockdown regulations to avoid claims disputes

Staff Writer

HARARE, Minerva Risk Solutions has implored its clients to adhere to lockdown regulations, in particular curfew hours, to avoid possibility of disputes with insurers in the unfortunate event of an accident occurring outside curfew hours.

Sisami Wadi, the general manager, said although the insurance contracts

Old Mutual ZSE Top Ten ETF now on ZSE Direct

Staff Writer

HARARE, The Old Mutual ZSE Top Ten ETF is now available through ZSE Direct, the Zimbabwe Stock Exchange Limited, has said.

The platform – ZSE Direct – has a user-friendly interface; whose main advantage is its ability to match trades.

Old Mutual Limited sales shows signs of resilience

Staff reporter

HARARE, Old Mutual Limited says operating conditions across its businesses have remained challenging during the second half of 2020 although its volume related key performance indicators (KPIs) have shown recovery, demonstrating the resilience of the franchise.

In a preliminary trading update for the year ended 31 December 2020, OML

Partnerships open powerful opportunities for positive change: Old Mutual

Staff Reporter

HARARE, OLD Mutual Group has honoured partners who have worked with it to positively impact the lives of stakeholders, customers and communities across the continent.

The positive power of partnerships was celebrated at the second annual Old Mutual Partnership Awards ceremony held recently.

The Partnership Awards

FMHL says new partner to enhance group’s growth prospects

Staff  Reporter

FIRST Mutual Holdings (FMHL) says the new strategic partner that biggest shareholder NSSA, intends to bring will enhance the group’s growth prospects.

This comes as NSSA has announced its intention to reduce its stake in First Mutual Holdings Limited (“FMHL”) from the current 66.22% to 35% through offloading up to 31.22%

NSSA refocuses investment strategy

Staff Writer

HARARE, The National Social Security Authority (NSSA) says it is currently implementing a refocus strategy that involves divesture, consolidation, and optimisation of its investments to unlock value for the benefit of its members who include pensioners and contributors.

Arthur  Manase, NSSA’s General Manager, in a statement said the authority will

FHML lifts ZSE turnover

HARARE, Insurer, First Mutual Holdings was among Wednesday’s top performers on the Zimbabwe Stock Exchange (ZSE), after trading $35,9 million worth of shares. This saw turnover for the day reaching
$88,7 million from 8,1 million shares, supported also by a good trade values in Delta which traded $24,6 million. The All Share Index was down 0,88 percent to close at 2,451,05

Four insurance brokers’ licenses cancelled

Staff writer

HARARE, Insurance and Pensions Commission (Ipec) has cancelled registration certificates for four insurance broking companies on the basis of lack of compliance to Ipec requirements.

The companies are Ambassador Insurance Brokers, Auto and General Insurance Brokers, Hostcare Insurance Brokers, and Revival Insurance Brokers.

In a statement, Ipec