Senate passes IPEC Amendment Bill, bringing NSSA under regulator

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Staff Writer

Zimbabwe’s pension industry is increasingly anchoring its asset growth and value preservation strategy on offshore and foreign currency–denominated investments, as funds navigate persistent exchange rate volatility and rising benefit obligations.

According to the Insurance and Pensions Commission (IPEC) report for the quarter ended December 31, 2025,

Staff Writer

A Zimbabwean insurance executive has been appointed to lead the specialty insurance arm of the African Export-Import Bank, marking a key leadership change at a time when African trade institutions are seeking stronger risk-management solutions.

AfrexInsure, the specialty insurance subsidiary of African Export-Import Bank, announced on Monday that Lesley Ndlovu will serve as its new Chief

Takudzwa Mashingaidze and Nobert M. Phiri

The promulgation of Statutory Instrument 44 of 2026 – Insurance (Amendment) Regulations, 2026 (No. 29), which came into effect on 27 February 2026, marks a significant development in the prudential regulation of Zimbabwe’s insurance sector. The amendments introduce a more robust framework governing capital adequacy, solvency, corporate governance, risk

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