Funds - The Zimbabwe Independent

Topic : Funds

Pensions industry income dips 49%

Zimbabwe’s hyperinflation of 2008 to 2009 eroded the value of most savings, including pension savings.

By Gamuchirai Nyamuziwa Nov. 29, 2024

Byo cllrs fear flash floods

WRF is a mini-Constituency Development Fund (CDF) where councillors are given money by council to implement development projects in their wards.

By Patricia Sibanda Nov. 13, 2024

MPs demand release of CDF funds

Zimbabwe’s Parliament comprises 360 legislators (National Assembly and Senate), but only 210 directly represent constituencies, which means Treasury set aside US$10,5 million.

By Peter Dube Nov. 6, 2024

Harare’s climate management policy must be inclusive: Mafume

Addressing journalists at Town House recently, Mafume said the goal is to align the city’s climate management efforts with local needs and concerns.

By Gracious Daniel Oct. 30, 2024

Harare’s climate management policy must be inclusive: Mafume

Actuary lays out pensions industry revival plan

Speaking during the recent Zimbabwe Association of Pension Funds 5th edition of the Principal Officers and Chairman’s convention in Bulawayo,

By Melody Chikono Oct. 22, 2024

Actuary lays out pensions industry revival plan

Embrace UCPF Victoria Falls Hotel

The promoter will contribute land valued at US$1 million and inject US$2 151 544.98 in the project, implying that it will retain 51% in the project.

By Batanai Matsika Oct. 18, 2024

Bulawayo pegs 2025 budget at US$309m

Moyo said the proposal was US$1 for domestic properties and US$10 for non-domestic properties.

By Silas Nkala Sep. 30, 2024

Funeral assurers seek solution to investment hurdles

Pension funds are legally required to allocate at least 20% of their investment portfolios to prescribed assets, while life assurance companies must invest 15%.

By Tafadzwa Mhlanga Sep. 27, 2024

Funeral assurers seek solution to investment hurdles

Zim platinum output to remain stable

This is coming at a time when the Exchange Traded Funds (ETFs) holdings are expected to remain net positive while Chinese large bar sales are seen growing.

By Melody Chikono Sep. 11, 2024