The Zimbabwe Insurance and Pensions Commission has highlighted the National Development Strategy 2 (NDS 2) 2026–2030 priorities for the insurance and pensions sector, which place the restoration of public confidence in long-term savings at the centre of financial sector reforms and emphasise the role of insurers and pension funds in mobilising stable, long-duration capital. NDS 2 envisages a comprehensive strategy to revitalise the long-term savings market, including stronger governance, transparency and accountability in the management of savings, and the resolution of outstanding pre-2009 pension and insurance compensation cases with fair compensation for affected policyholders and pensioners. The strategy also promotes innovative long-term investment products to diversify savings options and attract participants such as the diaspora, alongside strengthened regulatory oversight through enhanced supervision, stronger consumer protection and improved corporate governance standards. Financial literacy programmes are to be intensified to build a savings culture and support more informed decisions on pensions and insurance during the 2026–2030 NDS 2 period.
Zimbabwe Insurance and Pensions Commission 2025-12-03
Zimbabwe Insurance and Pensions Commission outlines NDS 2 reforms to restore confidence in long-term savings
The Zimbabwe Insurance and Pensions Commission outlined priorities under the National Development Strategy 2 (NDS 2) for 2026–2030, focusing on restoring public confidence in long-term savings and mobilising stable capital through insurers and pension funds. Initiatives include resolving pre-2009 compensation cases, promoting innovative investment products, and enhancing regulatory oversight. Financial literacy programmes will be intensified to foster a savings culture and informed decision-making.