ZAPF rejects Econet defamation claim over advisory note

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

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Agricultural insurance: A strategic growth opportunity for Zimbabwe’s insurers

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

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Stakeholders consult on insurance of Public Assets in line with National Development Strategy 2

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

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Pensions, Insurers invest ZiG21 billion in 2025 as big institutions dominate market

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

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IPEC marks 20 years as Government urges pragmatic approach to legacy issues

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,

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Ipec raises compliance concerns on life insurers

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

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ICZ, HEMS partner for festive season road safety drive

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

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Zimbabwe buys US$2.8m drought cover, adopts new climate-risk strategy

Staff Writer

Zimbabwe has strengthened its protection against climate-related shocks by joining a regional insurance pool and adopting a comprehensive disaster-risk financing strategy.

Finance, Economic Development and Investment Promotion Minister Mthuli Ncube in the 2026 national budget said Zimbabwe “ratified the African Risk Capacity (ARC) Treaty in March 2025, becoming a full member and entrenching

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COMESA digital yellow card USSD platform launched in Zimbabwe

Staff Writer

Zimbabwe has unveiled the COMESA Digital Yellow Card USSD platform (*538#), a real-time verification system aimed at improving transparency, reducing border delays and boosting the efficiency of regional trade.

Speaking on behalf of Sienzeni Mateta — acting chief director for Economic Cooperation, International Trade and Diaspora in the Ministry of Foreign Affairs and International

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