RBZ adopts new roadmap for mono-currency, abandons the 2030 targe
Staff Writer
The Reserve Bank of Zimbabwe has changed its fixed 2030 timeline for the adoption of a mono-currency system to adopting a “conditions precedent” approach that prioritises sustained economic fundamentals over calendar dates.
Governor Dr John Mushayavanhu presenting the 2026 Monetary Policy Statement, clarified
RBZ unveils new ZiG Note
Staff Writer
The Reserve Bank of Zimbabwe has introduced a new “Big Five” series of ZiG banknotes as part of efforts to strengthen the country’s local currency.
The notes, unveiled by RBZ Governor Dr. John Mushayavanhu, will begin circulating on April 7, starting with the ZiG10, ZiG20, and ZiG50 denominations, while higher values will follow later.
Dr. Mushayavanhu said
Staff writer
The Zimbabwe Association of Pension Funds (ZAPF) has been advised that it has strong prospects of successfully defending itself against a defamation claim threatened by Econet Wireless Zimbabwe Limited, following the issuance of a confidential advisory note on Econet’s proposed corporate restructuring.
In a detailed legal opinion seen by Insurance24, dated 19 February 2026, law firm
Agricultural Insurance: A Strategic Growth Opportunity for Zimbabwe’s Insurer
Agriculture remains the backbone of Zimbabwe’s economy, employing the majority of the population, anchoring food security and contributing significantly to export earnings. Yet it is also the country’s most vulnerable productive sector, exposed to climate variability, droughts, floods, pests, diseases and volatile
Staff Writer
HARARE, The Insurance and Pensions Commission (IPEC), the Ministry of Finance, Economic Development and Investment Promotion, and the insurance sector convened a high-level stakeholder consultative meeting in Harare this Friday to deliberate on the importance of insurance of public assets, an initiative anchored in the National Development Strategy 2 (2026–2030).
The meeting underscored
Staff Writer
Zimbabwe’s pensions and insurance sector recorded a combined ZiG21 billion in investments during the 2025 financial year, with pension funds emerging as the largest investors, according to data published by Insurance24.
Pension funds accounted for investments valued at ZiG14,728 billion, placing them at the top of the investment table.
Corporates followed closely, with holdings valued
Staff Writer
The Government has underscored the need for pragmatism and integrity in addressing legacy issues within Zimbabwe’s insurance and pensions sector, saying sustained confidence-building is critical for an industry that protects livelihoods, mobilises long-term savings and supports national development.
Deputy Minister of Finance, Economic Development and Investment Promotion, Kuda Mnangagwa,
Staff Writer
Zimbabwe’s life assurance industry is increasingly shifting away from traditional long-term insurance products towards predominantly renewable annual policies, prompting the Insurance and Pensions Commission (Ipec) to urge strict compliance with regulatory requirements, particularly the Funeral Directive.
According to Ipec’s life assurance sector report for the third quarter
ICZ, HEMS partner for festive season road safety drive
Staff Writer
The Insurance Council of Zimbabwe (ICZ), in partnership with Highway Emergency Services (HEMS), has launched a festive season road safety campaign that will see 10 dedicated ambulances deployed along major highways nationwide to respond to road traffic accidents during the peak holiday period.
The initiative is part of the festive
Staff Writer
The Insurance Institute of Zimbabwe (IIZ) last Friday hosted its Annual Gala Dinner and Awards, an event that recognised visionary leaders and professionals whose lifelong contributions have shaped the country’s insurance industry.
Speaking at the celebratory dinner, IIZ president Clementine Chinyuku said the occasion