Life assurance sector posts strong growth, but concentration and lapses remain concerns

Staff Writer

Zimbabwe’s life assurance sector delivered a stronger performance in the second quarter of 2026, with insurance revenue rising sharply on the back of increased foreign-currency business and continued demand for funeral and group life products.

However, the latest sector report from the Insurance and Pensions Commission (IPEC) also highlights structural weaknesses that could constrain

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RBZ welcomes CABS-BII US$30m facility, calls for more long-term funding

Staff Writer

Reserve Bank of Zimbabwe Governor Dr John Mushayavanhu has welcomed a US$30 million financing facility secured by Central Africa Building Society (CABS) from British International Investment (BII), but said more long-term capital was needed to meet the financing requirements of Zimbabwe’s productive sectors.

The four-year facility, which comprises a US$20 million term loan and a planned

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RBZ turns to ZiG term deposits to tighten control over liquidity and currency stability

Staff Writer

The Reserve Bank of Zimbabwe’s decision to introduce a 30-day ZiG-denominated term deposit facility signals a deliberate shift towards more active liquidity management as the central bank seeks to strengthen the foundations of currency stability.

The ZiG Denominated Term Deposit Facility (ZiGDTDF) Bill gives the Reserve Bank of Zimbabwe (RBZ) another instrument to absorb excess liquidity

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Zimbabwe pensions sector: Asset growth masks deeper funding and member-outcome pressures

Zimbabwe pensions sector: Asset growth masks deeper funding and member-outcome pressures

Staff Writer

Zimbabwe’s pensions sector entered the second half of 2026 with a stronger balance sheet but a mixed underlying performance, as investment gains pushed total assets higher while contribution arrears, prescribed-asset shortfalls, suspended pensions and weak member benefits continued to expose structural

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Sustainability takes root in Zimbabwe’s financial sector: What’s in for Insurers

Staff Writer

HARARE: Zimbabwe’s financial sector is making steady progress towards embedding sustainability into mainstream banking and financial services, with the Reserve Bank of Zimbabwe (RBZ) moving to strengthen oversight and adoption of sustainable banking practices.

Presenting the 2026 Mid-Term Monetary Policy Review, RBZ Governor Dr John Mushayavanhu said there had been notable progress

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New emergency care law reshapes obligations for private hospitals

Staff Writer

The Government’s decision to compel private hospitals to provide emergency treatment to all patients, regardless of their ability to pay, marks one of the most significant healthcare policy shifts in recent years.

While the amendments to the Medical Services Act are designed to protect patients from being denied life-saving care because of financial hardship, they also fundamentally

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Insurance sector demonstrates resilience, but liquidity strains expose operational fault lines

Staff Writer

Zimbabwe’s short-term insurance industry entered 2026 on a stronger financial footing, with most insurers comfortably meeting regulatory capital requirements and underwriting profitability improving despite a more challenging operating environment.

However, beneath the encouraging numbers, the latest Insurance and Pensions Commission (IPEC) sector report shows an industry grappling

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Insurance industry urged to invest in young talent to navigate disruption

Staff Writer

Zimbabwe’s insurance sector must urgently invest in continuous professional development, mentorship and skills development to build a resilient industry capable of withstanding technological and market disruptions, Insurance Institute of Zimbabwe (IIZ) president Dr Clementine Chinyuku has said.

Speaking at the IIZ Winter School 2026 last week, held under the theme, “Future-Proofing

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IPEC cracks down on late, inaccurate quarterly returns

Staff Writer

The Insurance and Pensions Commission (IPEC) has ordered all insurance, reinsurance, pension and funeral assurance entities to submit statutory quarterly reports on time and ensure they are properly signed off, following repeated delays and poor-quality submissions across the industry.

In Circular 14 of 2026 dated May 18, IPEC said the directive was issued

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