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Zimbabwe's pension crisis: Full compensation for 2008 losses may take 100 years
Zimbabwe's pension funds have sounded the alarm over their inability to compensate retirees who lost their life savings during the 2008 economic collapse, warning that, at current fund levels, full re...Published: 30 May 2025 at 12:08hrs | 244 | by Staff reporter
Biti's pessimism over RBZ forex auction defied by listed companies
LISTED companies reporting their latest financials have effectively defied claims made by former finance minister, Tendai Biti the Reserve Bank of Zimbabwe foreign exchange auction system was a rigged...Published: 21 Apr 2021 at 06:59hrs | 2 | by Staff reporter
Mthuli Ncube announces key appointments at four parastatals
Finance and Economic Development Minister, Professor Mthuli Ncube has announced key appointments at four parastatals falling under his portfolio.The Minister announced the appointment of new b...Published: 23 Jun 2019 at 11:03hrs | 12 | by Staff Reporter
Cimas opens impressive clinic in Manresa for Lafarge Cement
Cimas Medical Aid Society on Friday (10 May) officially opened Manresa Clinic at Lafarge Cement Zimbabwe to cater for factory employees, their families and the surrounding community.The clinic...Published: 15 May 2019 at 08:14hrs | 12 | by Staff reporter
Ngwerume to acquire 3.5% of Old Mutual
FORMER Old Mutual Zimbabwe chief executive officer Mr Luke Ngwerume and his business associates will get $12 million loan from the insurance group to acquire a 3,5 percent stake in the company as part...Published: 10 Sep 2013 at 04:54hrs | | by Business Reporter
Former Old Mutual boss launches a financial services website
FORMER Old Mutual Zimbabwe chief executive Mr Luke Ngwerume has launched Zimbabwe's first financial services aggregator website called ZimSelector.com which provides instant quotes on all financial pr...Published: 11 Jul 2013 at 04:39hrs | | by Business reporter
Old Mutual gets 7 days to submit acceptable empowerment plan
OLD Mutual has come under fire for failing to fulfil the indigenisation plan it tabled last year amid revelations that the country's largest insurer's major shareholders are now opposed to the initial...Published: 07 Sep 2011 at 04:30hrs | | by Staff reporter
World Bank appoints Zimbabwe country manager as it steps up engagement
The World Bank has stepped up its engagement with Zimbabwe as it has appointed a country manager for Harare ending a two year absence in a country whose economy is still faced with high unemployment ...Published: 15 Jun 2011 at 14:30hrs | | by Moyo Roy
Zim pensioners paid below poverty datum line
Zimbabwean pensioners who hold policies at Old Mutual Zimbabwe (OMZ) are being paid out as little as US$20 (R138) a month √¢‚Ǩ‚Äú less than the universal poverty datum line of $1 a day √...Published: 25 Mar 2011 at 04:36hrs | | by Donwald Pressly
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