THE Insurance and Pensions Commission (Ipec) has noted a 104 percent rise in unclaimed benefits in the pensions sector. This climbed to US$14,25 million for the quarter ending December 2024, up from the US$7 million recorded in the same period the year before. Unclaimed pension benefits are funds owed to members or their beneficiaries of…
THE emergence of carbon markets offers a workable commercial answer to dealing with environmental problems and draws in private money, an expert has stated.These trading platforms let companies that pollute buy credits from environmentally friendly projects. This means they effectively pay others to lower emissions for them.Commercial director at Cicada, Karen Jiri, pointed out that…
THE Zimbabwe Investment and Development Agency (ZIDA) says actual investment inflows reached US$0,91 billion for 77 monitored projects with licenses issued between 2022 and 2024.The investment agency said the investments represent only nine percent of the total US$10,06 billion projected by investors initially.“Of note is that an outlier project with a projected investment of US$6,94…
THE international project Open Dialogue “Future of the World. New Platform for Global Growth” takes place at the National Centre “Russia” from April 28 to 30. One of the main…
THE Insurance and Pensions Commission (Ipec) says the proposed transfer of regulation for medical aid schemes from the Ministry of Health aims to ensure careful and lasting management of pooled funds.It said this will include stronger ways to protect consumers, adding that the Justice Smith Commission of Inquiry, which looked at changing insurance and pension…
ZIMBABWE’S banking sector continues to see a shift where non-funded income, driven by currency revaluations and fees, is making more money than traditional earnings.This trend, which has developed over the past few years due to ongoing currency instability, saw interest income from loans drop further to 13,5 percent.This persistent reliance on non-funded income is causing…
JOHANNESBURG, (CAJ News) – THE international Open Dialogue “Future of the World. New Platform for Global Growth” will occur at the National Centre “Russia” on April 28. Experts worldwide will participate in the event, including experts from leading analytical centres, development institutes, higher education, government institutions, business associations, youth organisations, science, and journalism. One of…
SIX essayists’ works were recognised as the best at the “Investment in Environment” pitch session of the Open Dialogue “Future of the World. New Platform for Global Growth” at the…
LONDON-HEADQUARTERED Vast Resources is eyeing new mining concessions in Zimbabwe after securing the release of its 129 400 carats of diamonds, held for 15 years at the Reserve Bank of Zimbabwe (RBZ) following a prolonged legal dispute. The development, the company states, not only exemplifies a significant breakthrough but also reaffirms Zimbabwe’s commitment to promoting…
ECONET Wireless Zimbabwe made history on Friday by being the first company to sweep four top awards at the Zimbabwe International Trade Fair (ZITF), including the coveted Presidential Award for…
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