Staff Writer
Victoria Falls — Zimbabwe is charting a bold course toward becoming a regional financial powerhouse through initiatives such as the Victoria Falls International Financial Services Centre, Insurance24 reports.
In this journey, Deputy Finance Minister Kudakwashe Mnangagwa said the insurance industry has been anchored as a cornerstone of economic progress.
Mnangagwa was speaking at the
Staff Writer
Insurance Institute of Zimbabwe (IIZ) says insurance professionals stand at the intersection of risk, resilience and opportunity hence as the industry must respond with agility, foresight and innovation.
IIZ general manager Davison Choeni in his welcome remarks at the Southern Africa Insurance Indaba 2025 in Victoria Falls said reimagining insurance extends beyond simply embracing technological
Staff Writer
The Southern Africa Insurance Indaba, which officially kicks off tomorrow in Victoria Falls, Zimbabwe, is expected to unlock economic potential and build resilience in Africa.
The indaba, whose key speaker is Finance, Economic Development and Investment Promotion deputy minister David Mnangagwa, has brought together local and regional experts to deliberate on the continent’s insurance
Pension funds pour over ZWL$1.2 billion into Masvingo projects as Minister urges more investments
Staff Writer
Pension funds have injected more than ZWL$1.2 billion into infrastructure and social development projects across Masvingo Province over the past three years, in a wave of investments that has boosted housing delivery, healthcare, and education.
The figures were revealed by the Minister of
Staff Writer
ZIMBABWE Association of Pension Funds (ZAPF) Chairperson Phoebe Zvisinei Chawasarira has urged fund managers to strengthen governance, transparency, and value creation to restore and sustain public trust in the pensions industry.
Chawasarira said the lessons from past economic crises must guide the industry’s next chapter, warning against repeating the mistakes that eroded member confidence
Staff Writer
HARARE: The Deposit Protection Corporation (DPC) has announced the election of its Chief Executive Officer, Hopewell Zinyau, as the Vice-Chairman of the International Association of Deposit Insurers – Africa Regional Committee (IADI-ARC).
In a statement, DPC said the appointment marks a major milestone for Zimbabwe, underscoring the country’s growing role in shaping regional and
Staff Writer
In a significant development for Zimbabwe, the United States Congress has introduced a Bill to repeal the Zimbabwe Democracy and Economic Recovery Act (ZEDERA) of 2001 which imposed sanctions on Zimbabwe.
The proposed legislation aims to guide US foreign policy towards Zimbabwe and has far-reaching implications for the country’s economic relations with the US and international financial
Staff Writer
The Insurance and Pensions Commission (Ipec) has encouraged the industry to embrace and adapt to digital transformation, saying it is essential for the industry.
Speaking during the ongoing Insurance Institute of Zimbabwe Winter School in Kariba, IPEC Director of Insurance and Microinsurance Sibongile Siwela said adapting to change was not optional.
Siwela said the sector was currently
Staff writer
Zimbabwe’s capital markets are navigating a complex environment marked by tight liquidity, currency uncertainty, and shifting institutional investment patterns in the second half of the year.
This is coming at a time when the Zimbabwe Stock Exchange turnover saw a total of 1.27 billion shares exchanging hands during the first half of the year, up 179% from 456 million shares were traded
Staff reporter
Zimbabwe’s stock market is feeling the strain as pension funds pivot away from equities in favour of property and alternative assets, a move that the Imara Asset Management has said is weighing heavily on the Zimbabwe Stock Exchange (ZSE).
In a recent quarterly investment notes update to clients, Imara non-executive director John Legat said pension funds’ growing preference