LOCAL pension funds have departed from an outdated method of accounting for investment assets as stipulated in the Pension and Provident Funds Act, a member of the insurance and pensions …
finance
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THE Insurance and Pensions Commission (IPEC) plans to develop actuarial mortality tables to replace those in current use, which were made in the 1990s.Advertisements
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Companies & Markets
Pension fund contribution arrears hit $600 million
by Omega Ukamaby Omega UkamaCONTRIBUTION arrears to pension funds have reached $600 million, the Insurance and Pensions Commission (IPEC) disclosed on Tuesday.Advertisements
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THE Insurance and Pensions Commission (IPEC) says the average pensioner in Zimbabwe receives a pension well below the poverty line.Advertisements
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THE performance of SeedCo’s Zambian unit during the year ended March 2018 was held back by inefficiencies in the administration of agriculture in that territory, the seed company’s chief executive …
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THE Zimbabwe Stock Exchange (ZSE) has continued its rally that has been spurred by the monetary crisis in the country, with the market capitalisation pushing over $11 billon this week.Advertisements
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THE Zimbabwe Special Economic Zones Authority (ZIMSEZA) says it is ready to roll after a year of putting in place systems and procedures.Advertisements
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MOBILE trading in securities on the country’s major exchanges, the Zimbabwe Stock Exchange (ZSE) and Financial Securities Exchange (FINSEC), is set to commence by month end.Advertisements
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ART Corporation says it will venture into the region to grow its revenue and generate foreign currency after posting a profit after tax of $3,6 million for the half year …
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THE People’s Own Savings Bank (POSB) says the introduction of the Central Credit Registry and the Movable Security Registry has simplified its lending processes.Advertisements
