IPEC Hosts Workshop with Parliamentary Portfolio Committee on Budget, Finance, and Investment Promotion to Discuss the Insurance and Pensions Commission Amendment Bill
The Insurance and Pensions Commission (IPEC), in collaboration with the Parliamentary Portfolio Committee on Budget, Finance, and Investment Promotion, hosted a workshop last Friday in Harare to unpack the Insurance and Pensions Commission Amendment Bill, which was gazetted in December last year. The workshop provided a platform for the Parliamentary Portfolio Committee, IPEC, the Ministry […]
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Government Launches Agricultural Insurance Awareness Campaign
In the face of escalating climate change threats and limited capacity to withstand severe droughts, stakeholders believe that agricultural index insurance could be transformative for Zimbabwe’s smallholder farmers. By some estimates, smallholder farmers in Zimbabwe, provide about 70% of the country’s food requirements yet they depend heavily on unpredictable rainfall. This puts both the nation’s […]
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IPEC successfully hosts 6th AGM
The Insurance and Pensions Commission (IPEC) successfully held its 6th Annual General Meeting on Friday 28 June, in Harare. The meeting was attended by all the key stakeholders, including the Ministry of Finance, Economic Development, and Investment Promotion, the Parliamentary Portfolio Committee on Finance, Economic Development and Investment Promotion, State Enterprises Restructuring Agency (SERA), the […]
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Goromonzi farmers receive insurance cash payout
About 1, 800 Goromonzi smallholder farmers who participated in the agricultural index insurance pilot project received their insurance payout on Wednesday last week at the back of an El Nino-induced drought during the 2023/2024 farming season. Government ministers present at the payout ceremony called for scaling up of the project to cushion smallholder farmers throughout […]
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Pre-2009 pension compensation dominates IPEC AGM
The issue of pre-2009 compensation for the loss of value of insurance and pension policies following their conversion from the Zimbabwe dollar to the United States dollar, took centre stage at the IPEC AGM last week. Stakeholders called for a speedy conclusion to the long-standing matter, which they said is key to the restoration of […]
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Insurance Awareness Run, a resounding success
The Insurance Awareness Run organised by the Insurance and Pensions Commission (IPEC) on 29 June in Harare was a resounding success, marking a significant milestone in public education and engagement. The event, held at ZB Sports Club in Vainona, attracted hundreds of participants from various walks of life, all united by a common goal – […]
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Finance Minister, Prof Mthuli Ncube meets insurance and pensions industry leaders
Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube met with leaders of the insurance and pensions industry in Harare yesterday to address policy matters of interest to the sector. The meeting, organized by the Insurance and Pensions Commission (IPEC), brought together Prof Ncube and ministry officials, IPEC representatives, and the Zimbabwe Insurance and […]
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IPEC hosts critical meetings on agricultural insurance for smallholder farmers
The International Finance Corporation (IFC) and the Financial Sector Deepening (FSD) Africa representatives were in Zimbabwe early this week for separate meetings with stakeholders to discuss plans to roll out agricultural insurance, targeting smallholder farmers as a way of building their resilience against climate-related risks. Zimbabwe is prone to frequent drought (El Niño) and excessive […]
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