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Windfall for 33,000 pensioners
The Mining Industry Pension Fund (MIPF) is preparing to compensate pensioners who lost benefits during Zimbabwe's hyperinflationary period between 2006 and 2009. The initiative comes amid reports that...Published: 04 Nov 2024 at 06:49hrs | 4309 | by Staff reporter
Safeguard says not informed it would be moving US$4 million before heist
Security company Safeguard says it was not informed that it would be moving US$4 million by Ecobank before armed robbers seized the cash on a busy Bulawayo street on Thursday.Police said Frida...Published: 05 Oct 2024 at 12:07hrs | 1262 | by Staff reporter
SA insurance companies crackdown on foreign truck drivers
Foreign truck drivers working for South African freight companies are required to have valid working permits and if they do not, insurance companies are legally not obliged to pay out claims in the ev...Published: 01 Oct 2024 at 09:47hrs | 719 | by Staff reporter
Pioneering progress amid resource constraints in African radiology and oncology
Experts are concerned about resource limits and insufficient radiology skills and services in Africa, particularly for cancer detection and treatment. As the continent grapples with the rising burden ...Published: 15 Aug 2024 at 07:41hrs | 143 | by Agencies
Private sector against third party insurance takeover
THE government's decision to take over the running of third-party insurance will crowd out the private sector and result in bureaucratic inefficiencies around claims processing, which will destroy eco...Published: 07 Apr 2024 at 10:21hrs | 1 | by Staff reporter
Government takes over third-party motor vehicle insurance
THE Government is finalising new regulations to set up a State-controlled third-party motor vehicle insurance scheme that will assume the responsibility of underwriting compulsory vehicle liability in...Published: 31 Mar 2024 at 08:07hrs | 1 | by Staff reporter
The impact of strikes on air travel insurance claims
In an era where air travel has become the linchpin for connecting the global village, disruptions such as flight delays, cancellations, or overbooking due to strikes can throw a wrench into the best-l...Published: 04 Mar 2024 at 14:20hrs | 5 | by Staff Reporter
Fast growing Zimbabwe diaspora spurs demand for funeral plans
In December 2023, Mavis Clinic Manyonga travelled to the Republic of Ireland from Zimbabwe, looking forward to spending the Christmas holidays with her daughter, Valerie Munashe Makuwe, a nurse in tow...Published: 09 Feb 2024 at 18:51hrs | 2 | by Staff reporter
844 bus drivers arrested for speeding
BUS drivers are now being routinely fined for speeding as the police applaud the Zimbabwe Public Transport Organisation (ZPTO) for their support in implementing the innovative speed tracking system wh...Published: 30 Nov 2023 at 06:52hrs | 7 | by Staff reporter
Dynamos relocates to BF, Chiwenga angry about it
GOVERNMENT has decried Harare City Council's failure and ineptitude that has seen them failing to maintain football stadia, particularly the ceremonial home of Zimbabwean football-Rufaro Stadium, resu...Published: 03 Jul 2023 at 20:42hrs | 8 | by Staff reporter
Brain drain Hits Bulawayo fire brigade
AN exodus of firefighters has hit the Bulawayo City Council (BCC) as they are joining other professionals leaving the country in search of the so-called greener pastures.Acting chief fire offi...Published: 07 Jun 2023 at 16:26hrs | | by Staff reporter
Corporate24 boss in the dock for fraud
Corporate24 Medical Centre founder and CEO, Mike Joka Tuesday appeared before a Harare magistrate accused of swindling Premier Service Medical Aid Society (PSMAS) of ZW$108,860 in 2021.Joka is...Published: 06 Jun 2023 at 18:55hrs | 1 | by Staff reporter
Zimbabwe price spikes spook consumers
A NEW wave of price hikes, triggered by the plummeting local currency on the parallel market, has thrown many consumers off balance.As of yesterday, the local currency was trading between $1 8...Published: 26 Apr 2023 at 06:35hrs | | by Staff reporter
Mnangagwa throws Prophet Uebert Angel under the bus
PRESIDENT Emmerson Mnangagwa has reportedly thrown under the bus his ambassador-at-large, Uebert Madzanire, alias Uebert Angel, as it emerged yesterday that he is under investigation for alleged money...Published: 23 Mar 2023 at 06:23hrs | 1 | by Staff Writer
Mnangagwa to address top energy conference
President Emmerson Mnangagwa will address the fourth edition of the International Renewable Energy Conference and Expo 2023 in Victoria Falls on Friday as the platform continues to grow in leaps and b...Published: 19 Mar 2023 at 07:49hrs | | by Staff reporter
Social media activist makes u-turn, apologises for demonising Nyaradzo
In a surprise U-turn, controversial social media activist Alistar Nyamarari Chibanda, who has led a fierce campaign against Nyaradzo Funeral Services group for alleged profiteering at the expense of i...Published: 01 Dec 2022 at 05:03hrs | 1 | by Staff reporter
Speeding kombi knocks toddler dead, mom sues owner US$500,000
A HARARE vendor, Patricia Dengezi whose one-year-old son was fatally crushed by a commuter omnibus in 2017, is seeking US$510,000 compensation from the vehicle owner, his insurer, and the police....Published: 12 Oct 2022 at 05:45hrs | | by Staff reporter
BCC turn down $2m Ascot inferno waiver
THE Bulawayo City Council has turned down a request to waive a $2 million Fire and Ambulance Services bill by a business which lost bales of hay and property worth more than US$70 000 in an inferno in...Published: 10 Oct 2022 at 06:06hrs | | by Staff reporter
Zimbabwe to roll out Sadc compliant driver's licences in September
ZIMBABWE will be ready to issue the new Southern African Development Community (Sadc) Compliant Driver's Licence by September 30 this year and the design of the card is expected to be completed by the...Published: 17 Jun 2022 at 08:26hrs | 1 | by Staff reporter
Ex-DPC boss charged for 'looting' spree
FORMER Deposit Protection Corporation (DPC) chief executive officer Vusulizwe Vuma has been charged with criminal abuse of office after the Zimbabwe Anti-Corruption Commission (Zacc) exposed how he al...Published: 12 Jun 2022 at 09:17hrs | 6 | by Staff reporter
Outcry over insurance service gaps
THE Insurance Council for Zimbabwe (ICZ) was inundated with widespread complaints from the public over lack of transparency by insurers.This was highlighted at the recently held Zimbabwe Inter...Published: 13 May 2022 at 19:10hrs | 1 | by Staff reporter
Car accident victims struggle for compensation
MS Sibangeni Moyo (53) from Bulawayo's Tshabalala suburb says whenever she closes her eyes, the vision of an accident which killed her sister and left her wheelchair-bound comes back.She was i...Published: 12 May 2022 at 06:28hrs | 1 | by Staff reporter
Young Filabusi born CEO makes World Economic Forum young leaders list
THE Zimbabwean Chief Executive Officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, has been selected as one of the World Economic Forum's Young Global Leaders Class of 2022.Born...Published: 27 Apr 2022 at 18:31hrs | 15 | by Staff reporter
Civil servants allege PSMAS takeover plot
CIVIL servants have accused the Public Service Commission (PSC) of plotting to take over Premier Service Medical Aid Society (PSMAS).The Zimbabwe Confederation of Public Service Trade Unions (...Published: 21 Apr 2022 at 11:37hrs | | by Staff reporter
Govt under fire over medical aid
The government says it disbursed $6.3 billion to the Premier Medical Services Medical Aid Society (PSMAS) last year on behalf of civil servants amid complaints that the money cannot sustain the medica...Published: 10 Apr 2022 at 08:16hrs | | by Staff reporter
Headwinds piling up for Zimbabwe
The United States Agency for International Development (USAid)'s food security arm, the Famine Early Warning Systems Network (Fewsnet) has warned of below average harvests this year and a shortlived i...Published: 18 Mar 2022 at 05:37hrs | | by Staf reporter
Zimbabwe traffic police gets breathalysers
The Insurance Council of Zimbabwe (ICZ) yesterday donated breathalyser machines and traffic equipment worth US$82 000 to police to use in curbing road traffic accidents countrywide.The equipme...Published: 18 Mar 2022 at 05:33hrs | | by Staf reporter
'Councils by-passing MPs on devolution funds'
FINANCE minister Mthuli Ncube has accused local authorities of by-passing legislators during disbursement of devolution funds, causing tensions in communities.Ncube told MPs during Wednesday's...Published: 25 Feb 2022 at 07:16hrs | | by Staff reporter
Doves burial scandal: New details emerge
DOVES Funeral Services allegedly stuffed blankets and plastic bags inside the coffin meant to have carried the remains of the late Maxwell Chimwamurombe, in the latest twist to the burial saga of the ...Published: 30 Jan 2022 at 08:15hrs | | by Staff reporter
Duty-free boost for agric
The Zimbabwe Revenue Authority (Zimra) has listed import duty and Value Added Tax (VAT)-free agricultural equipment while the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has...Published: 22 Jan 2022 at 05:20hrs | | by Staff reporter
CBZ swoops on FML shares as new financial group emerges
CBZ Holdings, currently trading under cautionary, has secured a 31.22% stake in First Mutual Holdings Limited (FML), paving the way for the creation of a US$2.5 billion financial behemoth to rival Old...Published: 13 Nov 2021 at 17:38hrs | 6 | by Staff reporter
Headwinds stalk Zimbabwe insurers
FINANCE and Economic Development minister Mthuli Ncube has warned that Zimbabwe's insurance sector faces one of its toughest times, with geopolitical tensions and disruptions to business models under ...Published: 09 Nov 2021 at 05:36hrs | 5 | by Staff reporter
Icaz CEO quits
INSTITUTE of Chartered Accountants of Zimbabwe (Icaz) chief executive officer (CEO), Gloria Zvaravanhu will leave her role at the end of this year, NewsDay Business reported.In a circular sent...Published: 03 Nov 2021 at 05:23hrs | 1 | by Staff reporter
10 Insurance technology trends for 2022
Technology and the insurance sector go hand-in-hand. According to a recent survey by Accenture, insura...Published: 06 Oct 2021 at 12:15hrs | 11 | by Staff Reporter
Traditional vs Direct Term Life Insurance
Until recently, those seeking life insurance needed to speak with an agent or some other company in order to get coverage. Things change when you use ...Published: 18 Aug 2021 at 15:44hrs | 2 | by Staff Writer
'Beitbridge project among top deals of the year'
The Global Trade Review, the global trade finance magazine, has named the US$296 million project to rebuild Beitbridge Border Post among its top 11 worldwide deals of the year.Global Trade Rev...Published: 28 May 2021 at 08:03hrs | | by Staff reporter
What you need to consider before hiring a slip and fall attorney
Getting serious injuries due to someone else's negligence is always stressful. This is because you need to be hospitalized and it can drain you financially because of the inability to continue working...Published: 05 May 2021 at 15:22hrs | 1 | by Staff writer
Mnangagwa 'gives up' on sanctions fight
PRESIDENT Emmerson Mnangagwa appears to have given up on the fight for the removal of West-imposed sanctions and is shifting focus to internal sources of finance for key government projects. T...Published: 01 May 2021 at 08:48hrs | | by Staff reporter
Zimbabwe private sector vaccination takes off
While Zimbabwe has so far avoided a third wave of high levels of Covid-19 infection, public health experts stress that everyone has to stick to all the prevention measures since complacency can allow ...Published: 30 Apr 2021 at 06:32hrs | | by Staff reporter
'Funeral insurers overcharge clients'
Zimbabwe's funeral insurance players may be overcharging clients, the latest sector report from the Insurance and Pensions Commission suggests. The regulator has noted significant incongruity between ...Published: 13 Apr 2021 at 06:21hrs | | by Staff reporter
UK based Zimbabwean woman fakes hubby death, files £400k insurance claim
A woman from London has been sentenced after attempting to defraud her insurer through a fraudulent life insurance claim worth £397,153.Thuile Bhebhe, 51, reported that her husband had died i...Published: 20 Mar 2021 at 07:39hrs | | by Staff reporter
Govt acts to avert third wave
AUTHORITIES are concerned about high levels of complacency being displayed by the generality of Zimbabweans since the relaxation of Covid-19 regulations and could reintroduce tighter restrictions and ...Published: 14 Mar 2021 at 06:06hrs | | by Staff reporter
Old Mutual sees ‘green shoots' in Zimbabwe
THE head of Old Mutual Zimbabwe says there are green shoots appearing in the economy after the devastation of a severe drought and the coronavirus pandemic."There are good signs emerging in ec...Published: 26 Feb 2021 at 06:54hrs | 7 | by Staff reporter
Cabinet raps unwarranted price hikes
Businesses hiking prices of basic goods without justification are being investigated and the Government will take action in cases where there is profiteering, Information, Publicity and Broadcasting S...Published: 24 Feb 2021 at 05:43hrs | | by Staff reporter
How to avoid funeral policy claim rejection
IN Zimbabwe, getting claims settled by funeral policy insurers now seems to be very challenging. Many think insurers give flimsy excuses, but in most cases, the blame lies with policyholders.W...Published: 12 Feb 2021 at 15:53hrs | 1 | by Farai Francis Zhara
African banks sign deal to rehabilitate Beitbridge border post
A group of African banks has signed a US$194mn senior debt facility to rehabilitate the Beitbridge border post, a crossing that connects Zimbabwe and South Africa.Rand Merchant Bank (RMB) acte...Published: 29 Jan 2021 at 07:23hrs | | by Staff reporter
IPEC to deregister four brokers
The Insurance and Pension Commission (IPEC) is in the process of cancelling registration certificates for four insurance brokers following their breach of regulatory requirements. In its Short...Published: 19 Jan 2021 at 07:19hrs | | by Staff reporter
NSSA to dispose of FML, Turnall stakes
The National Social Security Authority is set to dispose part of its shareholding in First Mutual Holdings Limited and to divest from Turnall Holdings as part of its investment refocus strategy which ...Published: 15 Jan 2021 at 10:18hrs | 1 | by Staff reporter
US$14 million plant to kick off
Plans to build a 5-megawatt mini-hydro power plant at Lake Mutirikwi here have gathered momentum with a local firm behind the $US14 million project awaiting independent assessment of the dam wall befo...Published: 06 Jan 2021 at 16:18hrs | | by Staff reporter
Why your funeral claim may be rejected
Death is certain, but the impact can be minimised through proper planning and awareness. Responsible people minimise its impact by taking a funeral policy. They will live peacefully knowing they will ...Published: 27 Dec 2020 at 08:12hrs | 6 | by Farai Francis Zhara
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