THE upcoming Pensions and Provident Fund Bill will allow pension funds to invest up to 20% of their assets in offshore markets, but the regulator says this is subject to the fulfilment of local obliga...
THE Government is working with the Reserve Bank of Zimbabwe and banks to ensure that pensioners access cash for their pension payouts.The country has been experiencing cash shortages that have seen me...
The ZSE's bullish run continued with an 8% rise, with three counters triggering the 20% circuit breaker mark. The session yielded 25 risers and zero fallers as small trades pushed strong gains in sele...
PENSIONERS from the Public Service Commission will not be able to access their pay this Friday due to a resolution to have their pensions reviewed in line with the cost of living.In a statement yester...
PENSIONERS might have to wait a bit longer before they receive their monthly pay outs, which were due yesterday, the National Social Security Authority (NSSA), said yesterday. It said the delay was ca...
FORMER Marange Resources employees have taken their ex-employer to court over unpaid pensions amounting to $131 563.Marange Resources is being represented by its director Francis Gudyanga.The former e...
Zimbabwe is proposing pension reforms as it seeks to come up with an efficient pension system, according to a draft document compiled by the Insurance and Pension Commission.This comes amid challenges...
National Social Security Authority (NSSA) strategic executive assistant, James Tirivavi Chiuta yesterday appeared at the Harare Magistrates Court facing allegations of swindling pensioners of $31 727 ...
TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrinkage in equity investments that were affected by a drop in equity prices.The Ins...
MDC Alliance leader Nelson Chamisa says he will reward President Emmerson Mnangagwa with a lucrative pension if he wins next month's presidential race. He also said when elected into power no senior g...
A probe into the Unified Councils Pension Fund (UCPF) has unearthed massive abuse of funds amid evidence the board pocketed US$8,7 million in allowances, sitting fees and staff salaries between 2010 a...
THE National Railways of Zimbabwe Contributory Pension Fund has taken one of its Bulawayo tenants, Small and Medium Enterprises Association of Zimbabwe, to court over $13 000 rental arrears. NRZ Pensi...
SOME National Railways of Zimbabwe (NRZ) pensioners have claimed that they have been turned into destitutes after the parastatal failed to clear their salary arrears running into thousands of dollars....
Many Zimbabwean who were offered $5 for their life savings and pensions by the country's bankrupt government in 2015 could get more money if latest finding are anything to go by. Three years ago, the ...
PRESIDENT Emmerson Mnangagwa's administration has committed to increasing the allowances paid to former liberation war fighters, NewZimbabwe.com reported.Addressing hundreds of war veterans in Harare,...
The Zimbabwe Stock Exchange (ZSE) has further extended CFI Holdings Limited's suspension from the bourse by another 30 days pending further investigations into irregularities in the agro-industrial gr...
THE Communications and Allied Industries Pension Fund chief executive, John Mashika, has resigned from the entity amid an internal audit report published in 2016 which revealed irregular investment tr...
The National Social Security Authority (NSSA)'s much-awaited pension and health insurance schemes for the informal sector have been established, with paid-up beneficiaries being entitled to retirement...
The Zimbabwe Stock Exchange (ZSE) has extended CFI Holdings Limited's suspension from trading on the bourse by an additional 30 days for further investigations into the company's irregularities.CFI wa...
PENSION funds have $25 million in unclaimed pensions from nearly 25 000 pensioners, the majority of whom are migrants, an Insurance and Pensions Commission (IPEC) official has disclosed.For the sector...
LISTED property investment and development firm, Mashonaland Holdings (Mashold), is in negotiations with the Insurance and Pensions Commission (IPEC) to recover misappropriated funds from the pension ...
GOVERNMENT has remained mum over former Vice-President Phelekezela Mphoko's pension, weeks after he wrote a letter of demand for his benefits.Mphoko's lawyer Welshman Ncube said they were yet to get a...
Government says it is looking into the plight of pensioners and people living in rural areas to ensure they have access to cash during the festive season.Demand for cash during the festive season usua...
National Social Security Authority (NSSA) chairperson Robin Vela has said the minimum retirement pension monthly pay-out was increased from $60 to $80 from October 1, 2017, in line with the organisati...
The National Social Security Authority (Nssa) says it is ready to administer its voluntary pension scheme for the informal sector."Our actuaries are currently working on the model and design of the sc...