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Econet Life offers insurance services to large Christian body

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BY OWN CORRESPONDENT

Econet Life, a subsidiary of EcoCash Holdings Zimbabwe Limited (formerly Cassava Smartech Zimbabwe), has partnered the Zimbabwe Christian Ministers Association (ZCMA) to provide an assortment of insurance services to Christians across the country.

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Some Christian communities around the world often have a low uptake of insurance products due to a lack of appropriate information and awareness, putting them at risk of loss and of poverty in the event of unforeseen circumstances such as deaths, storms, droughts and accidents.

Econet Life general manager Godwin Mashiri said the partnership with over 7 000 local pastors under ZCMA will not only increase insurance penetration in Zimbabwe, but also empower the Christian community through employment creation for the association’s members.

“We are committed to ensuring that every person has access to insurance cover.

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“It is a big dream that we will be able to achieve through such partnerships like the one we are having with ZCMA, who look after our spiritual well-being,” said Mashiri at the launch of the partnership in Harare on Wednesday.

ZCMA is a grassroot organisation with a mandate to uplift the welfare of church pastors from 48 000 congregations across the country, most of whom do not have pensions or any type of insurance cover.

Under the new partnership, Econet Life will provide ZCMA members and their congregants with group life assurance and pension investment services.

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Mashiri said life assurance will see dependents of principal members getting a lump sum upon death, while Econet Life will manage the members’ funds by pooling them together into an investment scheme to provide retirement income under the Pension Investment Services.

“ZCMA members will also be appointed as touch points to help distribute Econet Life products, and they will earn a partnership fee based on the amount of business they bring,” he added.

The organisation’s leaders have already started on-boarding the various Econet Life products ranging from funeral, hospital cash-back and personal accident cover, among others, which they will be extending to their congregants.

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Speaking at the same occasion, ZCMA president Bishop Christopher Choto said the partnership with Econet Life was a welcome gesture that would help Christians cushion themselves against life’s unexpected situations.

“We are so excited to partner with Econet Life in addressing the welfare situation of most of our Church ministers.

“The partnership will help us address areas that are often ignored by the Christian community, such pension investments, income after the death of a loved one and estate planning.

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“It will also open employment creation for our members who will be appointed agents and they will earn some income from the partnership to look after their families and ministries,” he said.

Econet Life will also extend other financial wellness related services, such as retirement counselling, retirement planning and personal risk management services, to complement the partnership and help raise awareness on financial literacy.

Econet Life offers affordable group products for corporates, universities, churches and other large institutions.

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National

Malaria surge persists in Zimbabwe despite interventions, rural communities struggle

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BY NOTHANDO DUBE

Zimbabwe is experiencing a sharp rise in malaria cases in 2026, with health experts warning that funding gaps, climate pressures and persistent transmission in high-risk areas are reversing years of progress.

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Latest figures from the Ministry of Health show that by mid-April, the country had recorded over 65 000 malaria cases and 174 deaths, nearly double the numbers reported during the same period in 2025. The increase follows the premature closure of the Zimbabwe Assistance Programme in Malaria (ZAPIM), which had supported key prevention and control efforts.

Save the Children said the end of the programme has contributed to shortages of insecticide-treated mosquito nets, delays in vector control operations and weakened disease surveillance, particularly in vulnerable rural communities.

The Community Working Group on Health (CWGH) also warned that Zimbabwe recorded 154 000 malaria cases and 423 deaths in 2025, linking the continued spread of the disease to erratic rainfall, flooding and rising temperatures that have expanded mosquito breeding sites.  

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In malaria-prone districts such as Binga, frontline health workers say the disease remains difficult to contain despite ongoing interventions.

Village health worker Margaret Bernard from Tindi said communities continue to receive support, including mosquito nets, medication and other supplies, but challenges persist.

“We do get assistance to fight malaria because Binga is prone to the disease. We receive mosquito nets, medication and other support,” she said. “But even with these interventions, it is still difficult to fully contain malaria here. The cases keep coming, especially during the rainy season.”

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Zimbabwe had previously made significant progress in reducing malaria cases, with infections dropping sharply between 2023 and 2024 due to sustained investment and coordinated efforts. However, experts warn that without renewed funding and stronger community-level responses, those gains could be lost.

“Malaria remains preventable and treatable, but deaths are rising again,” CWGH said, calling for urgent action to strengthen prevention, improve treatment access and secure long-term funding.

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EcoCash launches all-in-one super app

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BY STAFF REPORTER 

Leading fintech platform EcoCash has launched an all-in-one “super app” integrating payments, chat and lifestyle services into a single platform, in a push to deepen digital financial inclusion.

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Developed by Sasai Fintech, a unit of Cassava Technologies, the app signals EcoCash’s shift towards a fully integrated digital and social ecosystem that goes beyond traditional payments.

In a statement, EcoCash said the platform responds to growing demand for seamless, mobile-first solutions that combine communication and transactions.

“With mobile devices now central to how people live, work and transact, we have reimagined the EcoCash app to deliver a secure, convenient and integrated digital experience,” the company said.

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A key feature is social payments, allowing users to send and receive money within chat conversations without switching apps. The platform also includes automated bill-splitting, enabling users to divide shared costs in real time.

The app integrates merchant payments, bill settlements, and airtime and data purchases into a single interface, aiming to reduce transaction time and data costs.

EcoCash said the platform also supports content monetisation, allowing users to create and earn income directly, targeting Zimbabwe’s growing community of digital creators and small businesses.

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The company said the super app forms part of a broader innovation pipeline that will include stablecoin-based remittances and other digital financial services, supported by investments in artificial intelligence.

Sasai Fintech recently partnered with Circle, an internet financial platform company, to advance stablecoin adoption in Africa.

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Zimbabwe approves US$92 million Victoria Falls infrastructure deal

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BY WANDILE TSHUMA

The government has greenlit a major public-private partnership (PPP) to develop critical bulk infrastructure within the Masuwe Special Economic Zone (MSEZ), a move aimed at transforming Victoria Falls into a premier international hub for finance and tourism.

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The project, approved during the Tuesday cabinet meeting, establishes a commercial joint venture (CJV) between the state-owned Mosi Oa Tunya Development Company (MTDC) and the JR Goddard (JRG) Consortium.

According to the government briefing, the MSEZ is a “flagship national development project” established to “transform Victoria Falls into a diversified, high-value hub integrating tourism, financial services and sustainable real estate”.

Under the terms of the agreement, the JRG Consortium—which includes JR Goddard Pvt Ltd, Sesani Pvt Ltd, Stewart Scott Zimbabwe Pvt Ltd, and GGF Africa Pvt Ltd—will provide funding of US25.6 million.

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This arrangement results in a shareholding structure of 39% for MTDC and 61% for the JR Goddard Consortium.

The infrastructure roadmap for the 1 200-hectare site is extensive. Planned works include the surfacing of 8 km of internal roads, the upgrading of 9 km of existing gravel roads, and the construction of a 13 km water pipeline designed to serve both the economic zone and neighbouring communities.

Additional developments will feature a package water treatment plant, a sewerage reticulation system, a power sub-station, and effluent re-use storage ponds.

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Cabinet said the project was subjected to a “rigorous evaluation” in compliance with the Zimbabwe Investment and Development Agency (ZIDA) Act.

Officials believe the partnership will “catalyse high-value investment” and provide a “sustainable fiscal contribution to gross domestic product (GDP)” while creating downstream jobs.

The government said the project is expected to “catapult the transformation of Victoria Falls into a modern and vibrant economic development city, fulfilling the attainment of Vision 2030”.

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The joint venture includes a 25-year structured profit recoup period and will be overseen by a board chaired by the MTDC to ensure alignment with the country’s National Development Strategy 2.

Located within the Kavango-Zambezi Transfrontier Conservation Area (KAZA-TfCA), the Masuwedevelopment is seen as a strategic pivot for Zimbabwe to diversify its tourism-dependent economy into a more robust financial services and real estate centre.

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