Author: Calvin Manika
Calvin Manika is a Zimbabwean journalist renowned for his in-depth reporting on insurance, financial inclusion, and social impact. With near a decade of experience, he has contributed to prominent media outlets such as Al Jazeera, The Continent, The Independent UK, and is our resident contributor in Zimbabwe.
Surge in vehicle imports fuels motor insurance growth in Zimbabwe amid claims pressure
Zimbabwe’s insurance sector is experiencing a rare silver lining amid the country’s broader economic challenges—a surge in vehicle imports that is dri [...]
Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17
Zimbabwe’s funeral underwriters are taking baby steps in switching to International Financial Reporting Standard 17 (IFRS 17), coming nearly three yea [...]
Zimbabwean regulator teams up with World Bank, FSD Africa to grow small business insurance
The Insurance and Pensions Commission (IPEC) of Zimbabwe has signed a partnership with World Bank and FSD Africa to expand insurance access for small [...]
Zimbabwe’s aviation insurance revenue shrinks amid limited market players
Zimbabwe’s aviation insurance sector is grappling with shrinking revenue, a trend industry insiders attribute to a limited pool of market players and [...]
Zimbabwe insurers’ missed State investment targets jeopardise development funding
Zimbabwe’s insurers are finding it hard to invest the minimum amount the government requires in approved assets like Treasury bonds, presenting a fund [...]
Zimbabwe approves marine insurance domestication rules to avert capital flight
Zimbabwean insurance firms are expecting a surge in marine insurance business after the government issued a statutory instrument for domestication of [...]
Shrinking hail insurance deals blow to Zimbabwe’s climate resilience solutions
In 2018, heavy rains left small-scale tobacco farmers in Zvimba counting their losses after extensive crop damage. Similarly, a hailstorm in 2021 dest [...]
Proposed road accident fund to reshape Zimbabwe’s short-term insurance business
The landscape of Zimbabwe’s short-term insurance is poised for a reshape following the recently passed bill that provides for the introduction of a ro [...]
New Zimbabwe law linking radio licence to vehicle insurance spooks underwriters, insureds
The recently passed regulation requiring motorists in Zimbabwe to purchase radio licence before they can buy vehicle insurance covers has unsettled th [...]
Surge in consumer complaints puts Zimbabwe’s short-term insurers under regulatory spotlight
In December 2024, Takunda Mafume expected his insurer to respond quickly when his Toyota Corolla was side-swiped by a speeding commuter omnibus in the [...]