Pension contribution arrears reach US$54m
CONTRIBUTION arrears in Zimbabwe’s pensions industry surged by 53% in the third quarter of 2024 to US$53,81 million, accounting for 2,5% of the industry’s assets.
By Melody Chikono
Jan. 17, 2025
ZAPF worries over Ipec Bill over-regulation
Phiri also described the Bill as ambiguous on several fronts and urged experts to seek clarity on its implications.
By Blessed Ndlovu
Jan. 17, 2025
Heartless exploitation of depressed citizens
It is grossly unfair for individuals to make significant contributions to a pension fund, expecting a decent pay out in retirement, only to receive a paltry sum.
By The Zimbabwe Independent
Jan. 10, 2025
As 2024 ends, insurers fret over govt third-party insurance takeover
However, to this day, local players are yet to receive any details on how this takeover will occur.
By Melody Chikono
Dec. 31, 2024
Ipec wants more climate sustainability disclosures.
THE Insurance and Pensions Commission (Ipec) is seeking more disclosures from regulated entities to assess if they are offering climate change and sustainability related initiatives.
By Melody Chikono
Dec. 1, 2024
Pensions industry income dips 49%
Zimbabwe’s hyperinflation of 2008 to 2009 eroded the value of most savings, including pension savings.
By Gamuchirai Nyamuziwa
Nov. 29, 2024
Direct insurance policies up 12% in Q2
Ipec said all 19 short-term insurers reported capital positions above minimum requirement, with these insurers recording an average capital position of ZiG60,46 million as of June.
By Tatira Zwinoira
Nov. 20, 2024
Low confidence in traditional insurance now worrisome: Ipec
He said transparency had become an inescapable reference in public, professional and private life as a form of governance for everyone.
By Melody Chikono
Nov. 15, 2024
Windfall for 33k pensioners ...some to get US$100k compensation
Bulawayo branch manager Perseverance Dube during the Zimbabwe Diamond and Allied Minerals Workers Union’s Gwanda regional meeting held last week.
By Silas Nkala
Nov. 4, 2024