Ipec drafts regulatory framework for agric insurance index implementation

Ipec first announced the project in May 2023, saying it was a partnership with the International Finance Corporation (IFC).
By Belinda Chiroodza Jul. 16, 2024

Delay in pension compensation irks legislators

This comes after Finance deputy minister David Mnangagwa recently announced a US$175 million commitment towards addressing the issue.
By Harriet Chikandiwa Jul. 16, 2024

Short-term insurers see rise in forex business

The Zimdollar was in April replaced by Zimbabwe Gold, a currency backed by gold and forex reserves.
By Melody Chikono Jul. 15, 2024

Pension funds, insurers lack funds to adopt IFRS 17

Ipec gave funeral assurers up to September to adopt IFRS 17 or possibly face penalties.
By Belinda Chiroodza and Tafadzwa Mhlanga Jul. 7, 2024

Funeral assurers get ultimatum over IFRS 17

Despite the challenges faced by funeral assurers, Muradzikwa praised the broader industry for its proactive approach to IFRS 17.
By Melody Chikono Jul. 5, 2024

Zafa moves to comply with prescribed asset status

Speaking at its annual general meeting on Wednesday in Harare, Zafa outgoing president Arthur Mukasi noted that the environment was not conducive for prescribed assets.
By Belinda Chiroodza Jul. 5, 2024

Ipec cracks whip on errant pension funds

Muradzikwa asked for patience as the commission engaged players to map a way forward.
By Melody Chikono Jul. 1, 2024

Ipec sets aside US$500k for pension loss compensation

Smith’s commission blamed the value erosion largely on poor regulatory enforcement and demonetisation of the local currency.
By Melody Chikono May. 26, 2024

Pensions sector shrinks by 50%: Ipec

Highlights on growth trends show that since 2020, the pension industry assets have been declining together with a number of active pension schemes.
By Melody Chikono May. 21, 2024