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Walk of Life Fundraiser dates moved

Passengers Association of Zimbabwe (PAZ),  has announced that they have moved the Walk of Life Fundraiser dates to the 30th of September 2017. The Walk of Life Fundraiser was scheduled for the 19th of August 2017. "The...

Personal Accident Insurance a critical priority

BY Caroline N. Apton Traditionally there is a marked increase in road traffic accidents during public holidays in the country, which result in a lot of death and injuries. This Heroes holiday has already recorded...

Ipec raises concern over ability of non-life insurers to settle claims

THE Insurance and Pensions Commission (Ipec) has raised concern over the ability of non-life insurers to pay claims timeously, as a result of high premium debtors and low liquid assets. BY DONALD TAFADZWA CHIDOORI The Insurance...

Medical Practitioners support Ipec bid to regulate Medical Aid Societies

Medical Practitioners are in support of the Insurance and Pension Commission's (Ipec) bid to regulate the Medical Aid Societies (MAS) in Zimbabwe, saying it will reduce regulatory costs and efficiency. Currently MAS are regulated by...

Uninsured former BancABC employees haunted by Chidyausiku Ghost

MORE than 40 former BancABC workers whose contracts were terminated on notice following the infamous 17 July Chidyausiku judgment are set to lose their properties over their failure to repay loans. The workers, whose contracts were terminated in 2015,...

Old Mutual profit grows seven-fold to $89mln

Old Mutual Zimbabwe group’s after tax profit jumped seven-fold to $89,4 million in the six months to June from $12,5 million in the comparable period last year mainly due to an increase in investment income from non-banking activities, chief executive...

US$300 million bond notes could fuel hyper inflation: BMI Report

Key risks remain a threat to any prospects for even a small increase in Zimbabwe's economic growth, an international research body has said. BY DONALD CHIDOORI A recent Business Monitor International (BMI) report said that the...

Job cuts loom in First Mutual and Nicoz Diamond merger plan

… The two firms will be stronger but workers will be the biggest losers By Donald Tafadzwa Chidoori Scores of workers are set to lose their jobs in the anticipated merger of First Mutual Holdings...

Ipec Wants to Regulate Health Funders

By Phillimon Mhlanga The Insurance and Pensions Commission (IPEC) is in discussions with government, which could see the regulator extending its oversight to medical aid societies, currently being governed by the Ministry of Health and...

CBZ Holdings to launch SME Pension Fund

CBZ Holdings is set to launch a new insurance product, the CBZ SME Pension Fund in the second half of the year targeting the growing small to medium enterprise market. Group chief executive Mr Never...
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