Pension Funds Infrastructure Investments – Who Benefits?
The contentious issue surrounding infrastructure development investing for pension funds is the question – is it the role of the private sector, pension funds in particular, to develop infrastructure? Is this not instead the sole responsibility of the government of the day? Further, is it not that pension funds’ first responsibility
Ipec directs pension industry to cushion pensioners
Staff Writer
The Insurance and Pension Commission (Ipec) has immediate directed the pension industry to apply ZW$36 000 in the determination of
commutation and preservation amounts for pensioners as it seeks to cushion pensioners from the ever deterioration pension benefits.
The monthly pension applicable for commutation and preservation purposes
ICZ makes timely Covid-19 donations
Staff Writer
HARARE, The Insurance Council of Zimbabwe (ICZ) donated 40,000 litres of diesel to the Civil Protection Unit which will be used through the Ministry of Health and Child Care and 270 grocery hampers worth $925,000.
The fuel donation was presented to President Emmerson Mnangagwa by the Chairman of ICZ, Patrick Kusikwenyu.
Kusikwenyu said that the third
Dear reader, please find attached the Zimbabwe Association of Pensions Fund (ZAPF) second quarter 2021, E-magazine…Happy reading….ZAPF Q2_Magazine f
Arrival of ETFs – Are Pension Funds in Luck?
In recent years active investment management has come under more scrutiny than ever before. The reason is clear – of late, most active managers, particularly those focused on large-cap stocks, have struggled to beat their benchmarks.
Picking stocks is hard, picking other people to pick stocks for you is even harder – and this is the daily challenge
Old Mutual Life Assurance invests into solar project
Staff Reporter
HARARE, OLD Mutual Life Assurance Company has applied for a license from ZERA to construct a modest 648kW solar photovoltaic power plant at its headquarters in Harare.
The company has since applied for a licence from the Zimbabwe Energy Regulatory Authority allowing it to sell the surplus in terms of electricity licensing regulations
Nyaradzo CEO and Founder…Tracks roots
By Phillip Mataranyika CEO Nyaradzo
By the time I left Old Mutual, on the 28th of February 2001 to begin a new chapter in my life as CEO of a fledgling company, Nyaradzo, I was the most successful Old Mutual sales agent and financial advisor of all time. I had won all the awards there were to win, travelled many parts of the country and some of the countries
Insu24 E-newsletter e-Newsletter_02 July 2021
FMHL gross premium firm in five months
Staff Reporter
First Mutual Holdings Limited (FMHL) Gross Premium Written (GPW) rose 494% to ZWL$3.92 billion during the five months to May 2021.
Douglas Hoto, the group chief executive, in a trading update said an estimated 40% of the revenue was US$ premium translated at the interbank rate.
In the Zimbabwe market, the forex premiums were US$9.2 million compared
Are REITs the Solution to Direct Property Holding Challenges for Pension Funds?
After years of relentless advocacy by the investment management community for the enactment of required legislation, finally there is now in place the regulatory framework that governs the creation of REITs.
Modeled along fund structures, REITs (Real Estate Investment Trusts) are a special type of professionally managed