April 2, 2024 - The Financial Gazette

Insurers grapple with IFRS 17 implementation challenges

Omega UkamaApril 2, 20240891 views

IN a recent conversation with The Financial Gazette’s Omega Ukama, ZIMRE Holdings’ senior group finance manager, Tafadzwa Mushayi, shed light on the implications of Zimbabwe’s recent transition to IFRS 17. The new accounting standard, designed to enhance transparency, has posed distinct challenges for the country’s insurance sector, particularly when contrasted with more mature markets. The…

Subscribe to read full article. Subscribe today

Property market faces liquidity squeeze

Mishma Chakanyuka, Staff WriterApril 2, 20240486 views

THE property market is grappling with a liquidity crunch, a situation that has been identified as the primary challenge currently plaguing the sector. Liquidity tightening, a scenario where cash is locked in non-liquid assets or when high-interest rates increase borrowing costs, is at the heart of the issue. Mike Juru, chairman of the Real Estate…

Subscribe to read full article. Subscribe today