Employers risk losing assets over pension arrears
Pension Fund Trustees must take stringent measures against sponsoring employers failing to pay pension contributions as non-payment will have a negative impact on the adequacy, sustainability, and security of pension schemes, industry regulator the Insurance and Pension Commission (IPEC) has said.
Currency reforms drive retrocession insurance
Emergent risk from the currency reforms that culminated in the re-introduction of the Zimbabwe dollar in 2019, saw an increased number of reinsurers passing on risk to retrocessionnaires.
Money market yields to remain strained
Zimbabwe’s money markets could continue to underperform going forward as authorities keep a tight leash on interest rates.
Zim finalises tariff offer to AfCFTA
ZIMBABWE is finalising domestic processes regarding the Tariff Offer to be able to import and export under the historic African Continental Free Trade Area (AfCFTA), which began official trading last Friday.
Willdale pushes more sales despite Covid-19 restrictions
Despite the effects of the Covid-19 induced lockdown on projects, brickmaker, Willdale sold more bricks last year than it did the previous year, the company has said.
1 300 Govt Covid-19 insurance claims
Patrick Chitumba, Midlands Bureau Chief OVER 1 300 civil servants have tested Covid-19 positive since the first case was recorded in the country in March last year, according to statistics…
372% rates hike for Bulawayo residents
Nqobile Tshili, Chronicle Reporter BULAWAYO residents will fork out more for services after Government approved Bulawayo City Council (BCC’s) over $16 billion 2021 budget. Rates have already increased by 372…
Cash-in-transit guards lose US$2,5 million to hitchhikers
Mashudu Netsianda, Senior Reporter THREE security guards who were delivering US$2,5 million and $40 000 to Chinhoyi in a cash-in-transit vehicle were attacked and robbed of the money at gunpoint…
All that glitters is gold for Caledonia
Caledonia Mining, which counts Zimbabwe-based Blanket Mine as its biggest asset, is bullish about its earnings prospects in the years ahead and this week announced another increase in its quarterly dividend by 10 percent to US$0.11 a share.
‘2020 was a write off, 2021 looks bleak’
Bongani Ndlovu, Showbiz Correspondent BAR and leisure spot owners who wrote off last year due to Covid-19 say 2021 looks bleak too as it started with tightened lockdown measures. Government…











