SOCCER

Rufaro Stadium faces suspension

Rufaro Stadium, the iconic home of Harare football, could be suspended from hosting Castle Lager Premiership matches following mounting pressure from players and their representatives, who warn that ...

By Staff reporter | Published: 19 August 2025

BUSINESS NEWS

NHS hit by pension scandal

Zimbabwe's state-controlled National Handling Services (NHS) is facing a serious corporate governance and financial scandal, with reports of unremitted pension funds totaling nearly US$1 million and q...

By Staff reporter | Published: 17 August 2025

BUSINESS NEWS

NSSA renews pension certificates

The National Social Security Authority (NSSA) has announced the commencement of its annual life certificate renewal exercise, urging all pensioners to physically verify their status to ensure continue...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

Zimpapers pension fund under probe

The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into the Zimpapers Pension Fund amid allegations of mismanagement of employees' contributions and questionable sales of co...

By Staff reporter | Published: 05 August 2025

BUSINESS NEWS

NSSA warns pensioners

The National Social Security Authority (NSSA) has issued a stern warning to pensioners across Zimbabwe - renew your Life Certificate by 31 October 2025 or risk having your benefits suspended.The 2025...

By Staff reporter | Published: 04 August 2025

SOCCER

Simba Bhora suspension blow

Simba Bhora's squad depth will be put to the test this Saturday at Wadzanayi Stadium when they take on ZPC Kariba, missing key players Isheanesu Mauchi and William Thole due to suspension.The reigning...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Zimbabwe's pension sector faces a mounting crisis

Zimbabwe's pension sector faces a mounting crisis as contribution arrears soar to a staggering US$93 million, prompting the Insurance and Pensions Commission (IPEC) to announce an aggressive enforceme...

By Staff reporter | Published: 03 July 2025

POLITICS

Zimbabwe govt to clear pre-2009 pensions backlog

The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their savings...

By Staff reporter | Published: 01 July 2025

POLITICS

Musarara facing possible suspension from Zanu-PF

Senior Zanu-PF member Tafadzwa Musarara is facing possible suspension amid renewed factional battles within Mashonaland Central province, sources say. The provincial party leadership is reportedly orc...

By Staff reporter | Published: 23 June 2025

BUSINESS NEWS

Pension benefits still below expectations - IPEC

Pension benefits in Zimbabwe remain below expectations despite ongoing reforms, the Insurance and Pensions Commission (IPEC) has revealed.Speaking at the 50th annual conference of the Zimbabwe Associa...

By Staff reporter | Published: 16 May 2025

INDUSTRIALS & ENERGY

Govt owes Zisco pensioners US$38m

The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...

By Staff reporter | Published: 15 May 2025

POLITICS

Mnangagwa reverses Mashayamombe suspension

President Emmerson Mnangagwa has vowed to take disciplinary action against individuals within Zanu-PF who orchestrated a wave of what he termed "random and illegal" suspensions of party members, warni...

By Staff reporter | Published: 12 May 2025

BUSINESS NEWS

Zimbabwe extends pensionable age for workers to 70

The Ministry of Local Government and Public Works has announced a significant change in the pensionable age for local authority workers, extending it to 70 years, a move that has been welcomed by many...

By Staff reporter | Published: 01 May 2025

EDUCATION

UZ in climbdown, revokes union leaders' suspension

In an unexpected move, the University of Zimbabwe (UZ) has revoked the suspension of leaders from the Association of University Teachers (AUT) in a last-ditch effort to bring an end to the ongoing ind...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

Zimbabwe's suspension of tariffs on US goods triggers debate

The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

Pensions industry's financial position strengthens in 2024

THE pensions industry's total asset valuation rose by 13,3% to US$2,26 billion last year, driven by revaluation gains, new investments and fair value gains on investments, a new report has shown.The g...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

New Bill to revamp pensions funds set to be gazetted soon

THE upcoming Pensions and Provident Fund Bill will allow pension funds to invest up to 20% of their assets in offshore markets, but the regulator says this is subject to the fulfilment of local obliga...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Zimbabwe pensioners to get express cash

THE Government is working with the Reserve Bank of Zimbabwe and banks to ensure that pensioners access cash for their pension payouts.The country has been experiencing cash shortages that have seen me...

By Staff reporter | Published: 06 October 2019

ZIMBABWE

Falgold suspension lifted as ZSE gains 8%

The ZSE's bullish run continued with an 8% rise, with three counters triggering the 20% circuit breaker mark. The session yielded 25 risers and zero fallers as small trades pushed strong gains in sele...

By Staff reporter | Published: 24 September 2019

BUSINESS NEWS

Pensions pay out date moved

PENSIONERS from the Public Service Commission will not be able to access their pay this Friday due to a resolution to have their pensions reviewed in line with the cost of living.In a statement yester...

By Staff reporter | Published: 24 September 2019

BUSINESS NEWS

Pension payouts delayed as foreign company cuts off Zimbabwe banks

PENSIONERS might have to wait a bit longer before they receive their monthly pay outs, which were due yesterday, the National Social Security Authority (NSSA), said yesterday. It said the delay was ca...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Ex-employees sue Marange Resources over pensions

FORMER Marange Resources employees have taken their ex-employer to court over unpaid pensions amounting to $131 563.Marange Resources is being represented by its director Francis Gudyanga.The former e...

By Staff reporter | Published: 30 April 2019

BUSINESS NEWS

Zimbabwe mulls pension reforms

Zimbabwe is proposing pension reforms as it seeks to come up with an efficient pension system, according to a draft document compiled by the Insurance and Pension Commission.This comes amid challenges...

By Staff reporter | Published: 09 September 2018

BUSINESS NEWS

NSSA boss 'swindles' pensioners

National Social Security Authority (NSSA) strategic executive assistant, James Tirivavi Chiuta yesterday appeared at the Harare Magistrates Court facing allegations of swindling pensioners of $31 727 ...

By Staff reporter | Published: 20 July 2018

FINANCIAL SERVICES

Pension industry sees drop in assets in Q4 2017

TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrinkage in equity investments that were affected by a drop in equity prices.The Ins...

By Staff reporter | Published: 20 July 2018
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