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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