Connect with us

News

Econet Life offers insurance services to large Christian body

Published

on

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.

Advertisement

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.

Advertisement

“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.

Advertisement

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.

Advertisement

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.

Advertisement

“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.

Advertisement

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Police Hunt For A Nkayi Murder Fugitive

Published

on

By

BY STAFF REPORTER 

A Nkayi man is reportedly on the run after allegedly assaulting a fellow villager with an unknown object on the head on New Year’s Day. 

Advertisement

Police have identified the fugitive at Joinisa Tshuma from Dabe village who is being sought for a murder charge. 

“ZRP is appealing for information which may lead to the arrest of Joinisa Tshuma who is being sought in connection with a case of murder in which Mcebisi Moyo died on 07/01/24,” police appealed. 

“The suspect allegedly assaulted the victim on the head with an unknown object near a bush in Dabe Village, Nkayi on 01/01/24 before he fled the scene.”

Advertisement

According to police, the victim sustained some head injuries and he was admitted at Nkayi District Hospital where he succumbed to the injuries.

Meanwhile, Police in Machipisa are also  investigating a case of murder which occurred on Wednesday, in which a yet to be identified male adult approximately aged 30 years who was wearing a yellow t-shirt, black trousers, black gum boots and a black cap, was found lying dead with a stab wound on the back near Mapuranga Transport Service Garage in Harare. 

Police are also appealing to the public with information surrounding the incident. 

Advertisement

“Anyone with information to report at any nearest Police Station.” 

Advertisement
Continue Reading

News

Full ZRP Statement on Armed Robberies Raiding Elite Schools 

Published

on

By

As the schools open, parents and guardians are in the process of paying school fees, levies and other related school costs, for their children.

School authorities are therefore urged to deposit all monies at financial institutions to curb armed robbery cases.

Advertisement

The issue of collecting cash by school authorities at schools should be reconsidered given the recent armed robbery cases.

The Police has recorded armed robbery cases in Bulawayo and Chinhoyi in which schools are being targeted.

In one of the cases, unknown suspects pounced at George Silundika High School at corner George Silundika Street and Third Avenue, Bulawayo on 06th January 2024, where they stole US$17 280.00 cash which was in a cash box.

Advertisement

In another case which occurred at Lomagundi College, Chinhoyi on 09th January 2024, 12 unknown suspects attacked security guards before stealing an undisclosed amount of cash, a Mazda Tribute motor vehicle, cellphones and laptops, among other valuables.

School authorities are urged to step up security measures at schools and employ guards from reputable security service providers who constantly monitor and review deployments.

Above all, school authorities should install CCTV at points of entry and administration offices.

Advertisement

The Zimbabwe Republic Police is concerned that some of these robbery cases are resulting from leakage of information.

Members of the public are warned that those who provide inside information to robbery syndicates will be arrested.

Police crack teams are firm on the ground and will pounce on armed robbery syndicates for the law to take its course in earnest.

Advertisement

Continue Reading

News

ARTUZ condemns government for opening of school amid Cholera outbreak

Published

on

By

BY NOKUTHABA DLAMINI 

The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has condemned the government’s decision to reopen schools due to the cholera outbreak wreaking havoc in most parts of the country, labeling the move reckless and disregarding the pressing concerns raised by parents and teachers. 

Advertisement

Statistics released by the Ministry of Health and Child Care last week showed since the outbreak of cholera, Zimbabwe has recorded 15 137 suspected cholera cases, 1 759 confirmed cases, 14 578 recoveries, 67 confirmed deaths and 266 suspected deaths.

“We vehemently condemn the government’s reckless decision to open schools amidst the widespread cholera outbreak, completely disregarding the pressing concerns raised by parents and teachers,” reads the statement.

“We demand that the government immediately mobilize substantial resources to ensure the safe reopening of schools because our children deserve nothing less than a secure and conducive learning environment. 

Advertisement

“It is the duty of the government to provide sanitary solutions and ensure the safety and well-being of our children.

The union also called on the government to consider an upward increment of teachers’ salaries, criticizing the government’s lack of engagement with educators, particularly regarding their ongoing demand for a US$1 260 salary.

“Also, it is utterly disappointing to witness such a hasty move without even bothering to engage with the educators who have been tirelessly advocating for a just salary of US$1260.

Advertisement

“The safety and welfare of our students and teachers should be the utmost priority, but it seems that the government is callously neglecting this responsibility.

“It is high time for the government to prioritize the well-being of our education system and take meaningful action to address the urgent needs of our dedicated teachers. ” 

Advertisement
Continue Reading

Trending

Copyright © 2022 VicFallsLive. All rights reserved, powered by Advantage