The Riverine is a lifestyle development established by the Zamara Fanaka Retirement Fund (ZFRF). The development is a real estate investment project for the Fund, with a gated community of 151 fully detached 4-bedroom own-compound townhouses and 60 apartments (48 three-bedroom units and 12 two-bedroom units).
The development also has a nursery school and a shopping mall. The Riverine has been designed to cater for all features of a family including a clubhouse with a swimming pool, football fields, and basketball courts, and several playgrounds.
The Zamara Fanaka Retirement Fund (‘ZFRF’ OR ‘The Fund’) is a multi-employer umbrella fund in which several organizations participate. The organizations contribute to The Fund with an intention to provide optimal retirement and other benefits to their members of staff once they exit employment.
The ZFRF is registered by the Retirement Benefits Authority (‘RBA’) and is approved by the Kenya Revenue Authority (‘KRA’). Therefore, organizations joining the Fund do not have to incur additional costs in setting up and statutory approvals.
To be the leading retirement fund that delivers sustainable benefits for our members by nurturing the Fund with Excellence and Integrity.
To ensure sustainable growth of the Zamara Fanaka Retirement Fund by efficient investment and management of members’ funds whilst empowering members through transparency and communication.
The role of the Board of Trustees is to ensure that:
This is an onerous responsibility, which requires considerable commitment and integrity.
The Trustees of the Fund receive monthly contributions from the Participating Employers and invest these monies prudently to earn optimal returns for the members.
The Zamara Fanaka Retirement Fund is the largest multi-employer retirement fund in East and Central Africa.
Over the last twelve years, the Zamara Fanaka Retirement Fund (Pension and Provident Sections) (‘the Fund’) has leaped to become the largest multi-employer retirement fund in East and Central Africa. Now standing at an asset base in excess of Kshs 25 billion, the Fund provides for retirement and other benefits to an estimated 35,000 individual members.
As a Sponsor of the Zamara Fanaka Retirement Fund (Pension and Provident Sections), Zamara is delighted that the Fund has consistently grown from strength to strength and provides a well-managed vehicle through which members can save for their retirement.
Since August 2017, we have a new brand identity Zamara! Zamara embodies our true vision and purpose,
to power the prosperity of all our partners, corporates and individual members alike. Zamara has a twenty three year old legacy of being a driving force in the financial services and insurances sector in East, Central, West and Southern Africa. Providing you with cutting edge innovative solutions, our team of experts works to ensure delivery of world-class standards across all that we do!
Simple and we provide simple and innovative solutions. Empathetic as we care about your goals and your plans to achieve those goals. Trustworthy and transparent and you can depend on us to deliver every time.