Risk mitigation a necessity for SMEs long-term success: Gvnmt

Risk mitigation a necessity for SMEs long-term success: Gvnmt

Staff Writer

The government says there is a general lack of appreciation for risk mitigation and insurance among MSMEs as a tool to mitigate risk, putting the continuity of economic activities within the sector in doubt should mishaps occur.

This was said by Dr Mavis Sibanda Permanent Secretary Ministry of Women Affairs, Community, Small

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First Mutual Holdings disputes auditors forensic report

First Mutual Holdings disputes auditors forensic report

Staff writer

FIRST Mutual Holdings Limited (FMHL) says it is not in agreement with the findings in the BDO Chartered Accountants report and in the regulator’s Corrective Order and thus has instituted legal proceedings to protect its legal rights.

The Insurance and Pensions Commission (Ipec) last month issued an FML with an order for corrective

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IPEC flags insufficient disclosures in 2009 compensation actuarial reports

IPEC flags insufficient disclosures in 2009 compensation actuarial reports

Staff Writer

The Insurance and Pensions Commission (Ipec) says it has noted inadequate disclosures in actuarial reports submitted as part of the 2009 compensation schemes.

Ipec, in a circular seen by Inusrance24, said the inadequate disclosures are inhibiting the Commission from making an informed decision on the compensation

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Effective Pension Fund Management – Towards a Business Mindset-Driven Sector!

Effective Pension Fund Management – Towards a Business Mindset-Driven Sector!

By Gandy T. Gandidzanwa and Itai Mukadira

There are few other sectors of any economy with so much power to simultaneously impact both the fortunes of the economy and the well-being of her people. The pension fund industry stands up tall on that measure – and yet in many instances it is mostly only in potential than in realisation. The stretch between what is possible and what is actually achieved

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FBC Insurance MD elected WIZ president

FBC Insurance MD elected WIZ president

Staff Writer

The Women in Insurance in Zimbabwe (WIZ) has elected FBC Insurance managing director Alice Shumba as its president, a position she will hold for the next two years.

Shumba, who is taking over from Ruth Ncube, will be deputized by Emeritus Reinsurance head-reassurance and underwriting (Life and Health), Clementine Chinyuku.

Shumba,

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