IFoA President Visits Zimbabwe

Staff Writer

The Insurance and Pensions Commission (IPEC) on July 1, 2025  hosted the President of the Institute and Faculty of Actuaries (IFoA), United Kingdom, Ms Kartina Tahir Thomson, at its Head Office in Harare.

The high-level engagement brought together senior representatives from IPEC, led by Commissioner, Dr Grace Muradzikwa, and the Actuarial Society of Zimbabwe (ASZ) led by its president,

Read more

Pensioners benefits require more attention: Ipec

Staff Writer

The Insurance and Pensions Commission (Ipec) says while pension benefits are mirroring asset performance, they are far from meeting pensioners reasonable expectations.

Dr Grace Muradzikwa, at the Commission’s AGM on Monday, said improving pensioners insurance benefits is an area that requires more attention.

“We have been monitoring whether the benefits are matching asset performance.

Read more

ICZ appoints new chairperson, deputy

Staff Writer

The Insurance Council of Zimbabwe (ICZ) has elected CBZ insurance principal officer James Mharadze as its chairperson, taking over from Nicoz Diamond CE David Nyabadza, who has been at the helm of the Council since 2023.

Mharadze, who was also recently elected chairperson of the Council of Bureaux for the Common Market for Eastern and Southern Africa (COMESA) Yellow Card Scheme, will

Read more

Green building practices crucial to reduce Zimbabwe’s carbon footprint

Staff Writer

The Green Building Council of Zimbabwe (GBCZ) says it is working closely with the government through relevant line ministries, departments and agencies to promote sustainable development and green building practices in the country.

According to the Council, the built environment is responsible for a significant portion of greenhouse gas emissions, and adopting green building practices

Read more

Road Accident Fund Bill gets government approval

Staff Writer

Zimbabwe’s Cabinet has approved the Principles of the Road Accident Fund Bill, which seeks to address the current post-accident management framework, with the existing insurance packages lacking provision for immediate evacuation of accident survivors to medical facilities.

The Road Accident Fund will be funded from motor vehicle insurance premiums and any other such funds appropriated

Read more

ECGC and CIFOZ sign MOU aimed at strengthening the construction industry

Staff Writer

The Export Credit Guarantee Corporation of Zimbabwe (ECGC) and the Construction Industry Federation of Zimbabwe (CIFOZ) have signed a Memorandum of Understanding (MOU) as part of ECGC’s reaffirmation of its collective commitment to reinforcing the foundation of Zimbabwe’s construction industry through improved financial security and accessibility.

ECGC’s Managing Director, Sekai

Read more

IIZ president Chinyuku raises Zimbabwe’s flag high

Staff Writer

Insurance Institute of Zimbabwe (IIZ) president, Clementine Chinyuku has emerged as the top three winners of the Angaza awards Women to Watch in Banking, Finance and Investment for the year 2024.

The awards recognises expertise from women in the financial Sector Innovation Professionals in Banking, Capital Markets, Insurance, Fintech, Investment Banking and Fund Management, Microfinance,

Read more

AFDB approves US$10,12 mln grant to boost agricultural production in Zimbabwe

Staff Writer

The African Development Bank has approved a $10.12 million grant from its African Development Fund to boost sustainable agricultural production and strengthen rural resilience in drought-prone regions.

The project is expected to directly benefit 7,000 livestock-keeping farmers and 42,000 smallholder/crop farmers in Zimbabwe.

The African Development Fund is the group’s concessional

Read more