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Civil service pensioners’ earnings set to increase

ZIMBABWE’S state run pension fund says government has paid up its contribution arrears by issuing US$180,9 million worth of Treasury Bills. The National Social Security Authority (NSSA) said government had been lagging behind in adjusting...

138 million Nigerians do not trust insurance

By Liz Booth The level of mistrust of insurance in Nigeria is sky high, according to a new survey that reveals 138 million out of the 190 million-plus population do not trust that insurance will...

Marine insurance faces skills shortage challenge

By Liz Booth The biggest challenge facing the marine insurance industry today is the lack of skills, according to one South African underwriter. Adriaan Bester, manager: marine, Lion of Africa Insurance, warned: “There is a shortage...

Bond Notes will not have an impact on insurance premiums

Ever since the introduction of bond notes and the subsequent inflation and the selling of United States dollars on the black market people have been worried that like in 2008, they risk the loss...

Delegation of South African insurers arrives to explore Zim opportunities

Lloyd Gumbo, Harare Bureau The Zimbabwe Agenda for Sustainable Socio-Economic Transformation is set to get a major boost with the arrival of a delegation from South Africa’s Export Credit Insurance Corporation (ECIC) yesterday to explore business...

Tale of an aggrieved pensioner

THE story of Mr Jacob Gondo (name changed to protect identity), who worked as a sales representative of Claybank Private Hospital, a unit of Premier Service Medical Investments, is shared by many pensioners who...

Of Conversion rates, Pensioners and Pension pay-outs

The Sunday Mail this week published two articles on how pensioners were prejudiced during the conversion era and gave a practical example of how a Pensioner from the PSMI pension Fund was prejudiced of...

Pension funds defy Govt order

Martin Kadzere Senior Business Reporter SOME pension funds have defied a Government order to exempt people retrenched before attaining the age of 55 from paying tax, the Insurance and Pension Commission said. Finance and Economic Development Minister...

Adventist laymen pioneer self insurance fund

The Adventist Laymen Services and Industries have pioneered a self insurance fund, the ASI Life & Health Fund, aimed at meeting the financial needs of its congregants. The fund, which is registered under the Insurance Act...

Pensioners suffer massive prejudice

Darlington Musarurwa and Livingstone Marufu — THE Government-appointed Commission of Inquiry probing the conversion process of pension and insurance benefits after dollarisation in 2009 has wound up its work and will have a comprehensive report...
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