Old Mutual Zimbabwe appoints new CEO
Harare -Old Mutual has appointment Samuel (Sam) Matsekete as the Group CEO-designate of Old Mutual Zimbabwe Limited (OMZIL).
Sam will commence service on 1 January 2020 following the retirement of the current Group CEO, Jonas Mushosho at the end of 2019.
He joins Old Mutual from First Capital Bank, where, in his current role as the Managing Director, he led
Zimnat scoops eight Exceptional Marketing awards
HARARE, Zimnat, a leading player in the insurance and wealth management industry for more than seven decades, won eight awards for marketing excellence at the 2019 Marketers’ Association of Zimbabwe Exceptional Marketing Awards ceremony in Bulawayo.
The awards ceremony is held annually in recognition and celebration of excellence for organisations
Proposed Medical Aid Societies Regulatory Bill biased
Staff Writer
ONE of the county’s largest medical aid services provider CIMAS says the proposed Medical Aid Societies Regulatory Bill entrenches conflict of interest instead of eliminating it as it seeks to protect only the healthcare providers and consumers and not the industry
In 2017, the Minister of Health and Childcare (the Ministry) circulated
Consistent portfolio management a necessity
Staff Writer
HARARE, First Mutual Wealth general manager Thomas Muswiti has said consistent portfolio management and re-balancing is a necessity as pension members progress through their Income Life Cycle and ordinarily migrate on the risk matrix.
He recently said this while making presentation at the Zimbabwe Association of Pension Funds (ZAPF) Principal
CellMed Health Medical Fund partners Hollard Cigna Health in new product
Staff Reporter
HARARE, CellMed Health Medical Fund is set to launch a new medical aid product in partnership with the Hollard Cigna Health Product.
The product, according to CellMed, enable members to access international medical treatment.
“We have partnered with Hollard (who are innovating across Africa) and Cigna (a global
Cimas fears potential stock outs
Staff Reporter.
Medical aid services provider Cimas says its facing imminent potential stock outs on critical medicines supplies and reagents due to soaring replacements costs.
Ghost of 2008-2009 haunts Pensions industry as viability and relevance is questioned
Staff Reporter
ZHL terminates negotiations for $10 million capital raise
Staff Reporter
ZIMRE Holdings has terminated negotiations for a proposed Emeritus International Reinsurance Company capital raise in Botswana.
The group which has been trading under a cautionary notified the withdrawal of the cautionary today.
“…….negotiations for the Emeritus International Reinsurance Company capital raise have been terminated….Accordingly,
IPEC sets terms on forex denominated insurance policies
HARARE – The Insurance and Pensions Commission (IPEC) made a statement on the forward going policy for foreign currency dominated insurance policies. The development comes in the midst of a growing confidence crisis in the recently formalised local currency.
The substance behind the statement (Circular 13 of 2019) appears to be aligning