HARARE, Zimre Holdings Limited (ZHL) has mutually terminated negotiations over the disposal of certain assets that included a 30.03% stake in short term insurer Nicoz Diamond.
The group in a statement withdrawal a cautionary said will consider other funding alternatives to pursue its strategic opportunities.
“The Board of ZimRe wishes to advice shareholders and the investing public that negotiations
Tax implications on insurance and pension industry: IPEC
Nelson Gahadza
HARARE, Commissioner of Insurance, Pension and Provident Funds Tendai Karonga says given the critical roles played by the financial and ICT sectors to the economy, the tax practices applicable to these sectors should not inhibit the same sectors’ ability to perform their respective roles.
Comm Karonga was speaking at a Tax and
Pensioners above 60 years exempt from bank charges as NSSA/Banks strike deal
Insurance24
Harare, Pensioners above 60 years are now exempted from paying transaction charges under a new dispensation agreed with at least 12 local banks, government controlled pension fund, the National Social Security Authority (NSSA) announced on Wednesday.
NSSA has previously been criticized for turning pensioners
National Health Insurance Scheme roll-out in Q1 2018: NSSA
Insurance24 Reporter
HARARE, The National Health Insurance Scheme (NHIS) will be implemented by end of the first quarter of 2018, the National Social Security Authority (NSSA) has said.
The establishment of the NHIS was first mooted years ago with a view to achieve universal health insurance cover in Zimbabwe.
In an interview, NSSA board chairman
Medical aid societies call for inclusion on regulatory board
Insurance 24 Reporter.
Harare- Health Funders in Zimbabwe want Medical aid societies represented on the board of the proposed regulatory authority since the draft bill has since excluded them.
During the Bill’s consultative meeting held during the week by the Ministry of Health and Child Care, the Association of Healthcare Funders of Zimbabwe
Indian insurance and finance expert to share fundamentals of micro insurance and micro pension
Insurance24 Reporter
Harare – Indian Insurance and Finance expert Ayandev Saha will next month headline the fundamentals of micro insurance and micro pension workshop that will be co-hosted by the Insurance and Pension Commission (Ipec) and the Insurance Institute of Zimbabwe.
The workshop schedule
Sitting trustees who fail to attain the mandatory Certificate of Proficiency (C.O.P) face disqualification
HARARE, The Insurance and Pensions Commission (Ipec) through Statutory Instrument 80 of 2017 is mandated to oversee and control pension funds in order to avert poor corporate governance and malpractices in the sector.
Gazeting of the Pension and Provident Funds (Amendment) Regulation S.I 80/17
LOA takes initiative to de-mystify insurance as it stimulate national debate
Insurance24 Reporter
HARARE, According to the Insurance and Pension Commission (IPEC), almost 70% of Zimbabwe Stock Exchange (ZSE) listed companies are funded by insurance companies and pension funds as institutional investors.
On other hand, at least 77% of Zimbabwe’s adult population are believed do not have any form
Healthcare funders discuss economy and industry regulation’s impact on industry
Insurance24 Reporter
Harare- Healthcare funder’s stakeholders will this week gather in Victoria Falls for their annual conference which will among other things deliberate on the country’s economic outlook and regulatory issues impact on the sector.
The Association of Healthcare Funders of Zimbabwe (AHFoZ), the convener,
Amended new insurance regulations gazetted
HARARE, Government has gazetted the new insurance regulations on capitalisation of insurance firms which were proposed during the 2016 National Budget.
According to the amended rules, the minimum unencumbered capital for life assurance business, including funeral assurance, will be $5 million. Minimum capital threshold for non-life business is $2 million.