Nation without the savings culture has no capacity to look after its senior citizens: CBZ Insurance
By Insurance24
HARARE, CBZ Insurance Managing Director Nobert Mureriwa has said insurance continues to play an important role as a gap of fulfilling the country’s savings, thus a nation without the savings culture will have no capacity to look after its senior citizens.
Last week, CBZ Insurance introduced
CBZ Insurance—CBZ Life- Press release
The Next Big Thing in Retirement Planning and Life Assurance
As part of our vision “To be the preferred provider of Financial Solutions in Zimbabwe with a Global reach, we’ve moved mountains with CBZ Touch that has brought convenience to everyday banking, MiLife Combo which has made life assurance more accessible to the average individual and Smartsurance
Liberty Blue Health Cover Zimbabwe makes management appointment
Insurance24
HARARE, Liberty Blue Health Cover Zimbabwe, underwritten by FBC Insurance has appointed Matipedza Lole Head of Operations effective 1 January 2018.
Matipedza is an accomplished marketer and a business administrator as well has experience spanning over 20 years in Marketing Management, Pension Administration and Consultancy.
He
Insurance24
HARARE – Old Mutual emerged as the only gainer on the Zimbabwe Stock Exchange on Wednesday after its share price marginally rose 0.03 percent to close at 520.17 cents.
Some 244,072 shares of the heavyweight were also traded at $1.26 million as interest in the heavyweight’s counter continues.
The counter is still trading at a premium to both the price on the Johannesburg Stock Exchange
Insurance24
HARARE, Investors remained cautious amid subdued activity on the Zimbabwe Stock Exchange (ZSE). Decent trades in Delta and OM carried the day lifting market turnover to a respectable $2 mln.
Insurance24
HARARE, The Zimbabwe Stock Exchange (ZSE) opened the week on a positive but rather quiet trading session which was buoyed by gains in Old Mutual, Delta and Nampak.
The All Share Index added a marginal 0.09 points on the back of marginal 0.30 and 0.03 gains in the Industrial Index and the Top 10 Index respectively. Turnover was decent at $1.6m with good trades in Econet, Old Mutual and
Masawara winds up on AIM market
Insurance24
HARARE, Masawara PLc last day of dealings in its Ordinary Shares on the London Stock Exchange (AIM) will be 6 February 2018 and this follows approval of all resolutions on the proposed de-listing at a GM meeting held last Friday as the investment group seeks to pursue private equity funds to grow its various businesses.
Masawara whose current investments
Activity improves on ZSE, as Old Mutual goes it alone for insurers
Insurance24
HARARE, Market activity was decent with turnover closing at USD 1.6m. Trades of note were posted in Delta, Econet, PPC, OM and Seedco. The market recovered marginally with the All Share Index closing the day 0.28 points firmer.
The Industrial Index was up 0.94 points while the Mining Index closed flat with no activity in
Mbada Diamonds Pension Fund goes into liquidation
Insurance24
HARARE, Insurance regulator, the Insurance and Pensions Commission (IPEC) has approved the liquidation of Mbada Diamonds Pension Fund and David Mureriwa, an independent consulting actuary has been appointed the liquidator of the fund.
In 2015, government moved to consolidate the diamond mining industry and ceased operations for the other
Market weakness persist in mid week trading, Only Old Mutual trade for insurers
Insurance24: Insurance Monitor
HARARE, The market weakness persisted in mid-week trading led by a 10.0% drop in Old Mutual despite a decent traded volume of 50,669 shares. On this day, all other insurance companies Fidelity, First Mutual Holdings Limited, Nicozdiamond and ZHL did not trade.
The market is still pessimistic