Postcard from Zimbabwe

The Actuarial Society of Zimbabwe held its second annual convention on 10 June at Meikles Hotel, Harare. The theme of the convention was 'Innovation and relevance'. The convention was well attended by individuals from Zimbabwe and other Southern African countries.

James Olubayi presented on 'The need for a mortality study in Africa' based on Kenyan experience. Zimbabwean life offices are strongly considering developing mortality tables reflective of the Zimbabwean market.

Dr Rene Loewenson discussed 'Innovation within an old goal: Challenges and opportunities for meeting the commitment to Universal Health Coverage (UHC) In Zimbabwe'. The presentation raised key issues to be addressed in advancing UHC in Zimbabwe and in emerging economies.

Marjorie Ngwenya, the president-elect of the IFoA helped attendees top up CPD hours. Her topic was 'Professional skills and innovation'. Marjorie's interactive session explored the topic of professionalism in Zimbabwe. We discussed the issue of the soon to be introduced 'Bond Notes'- Zimbabwe's version of the US Dollar but not quite a standalone currency.

A panel discussion on various topical issues followed Marjorie's talk.

Douglas Hoto, a past president of the ASZ, discussed 'Promoting and preserving economic dignity in the Zimbabwean economic environment: Leadership role and the actuarial profession'. He explained the relevance of the actuarial profession in the Zimbabwean economy.

Peter Withey, the president elect of the Actuarial Society of South Africa presented after Douglas Hoto.

His presentation focused on 'Innovation in the financial services'. He outlined the diversification of the profession in other sectors like banking, mining and construction.

Gerald Gondo wrapped up the convention by presenting on
'Economic overview: drivers, enablers and managers of investment'. He discussed opportunities within the private equity space in the country.

The presentations are hosted on the Actuarial Society of Zimbabwe YouTube Channel. Our vibrant Society is made up of passionate and enthusiastic actuarial students. However, the lack of qualified actuaries in our environment limits mentorship opportunities for these students.

If you would like to volunteer to assist the society, please email: Tawanda Chituku ([email protected]) or Shepherd Fungura ([email protected]).