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Taurai Mangudhla Senior Business Reporter The National Social Security Authority is set to lose property worth $628 000 after it was attached by a former employee who won his case at the High Court. The High Court last week ordered NSSA to pay former chief strategic assets officer Chikuni Mutiswa $628 336,23 in damages for unlawful dismissal […]
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Enacy Mapakame Business Reporter The National Social Security Authority (NSSA) says it advanced $70 million since dollarisation to banks for on-lending to the country’s productive sectors including the growing small to medium businesses. This is in addition to $5 million availed to the Small to Medium Enterprises Development Corporation (SMEDCO) and $10 million agro bills on an […]
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Oliver Kazunga Senior Business Reporter THE Matabeleland Chamber of Industries has proposed a 12-month moratorium on statutory debts by existing companies to provide a good starting point for industrial growth under the Special Economic Zones (SEZs) concept.
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The National Social Security Authority (NSSA) has announced plans to raise its minimum payout to pensioners from $60 per month to $80 with effect from October this year. That figure is also set to be reviewed at the beginning of next year to $100.
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Felex Share Senior Reporter The National Social Security Authority (NSSA) will — with effect from October 1 — increase monthly pension payouts from $60 to $80 per month, while the $100 margin is expected to be achieved beginning next year.
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Innocent Ruwende Senior Reporter THE National Social Security Authority (NSSA) is failing to manage its properties and some are now home to monkeys, the Auditor-General has revealed.
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Fidelis Munyoro Chief Court Reporter Veteran banker Mr Nicholas Vingirayi has threatened to pull out of his agreement with Government relating to his shareholding in ZB Financial Holdings — citing NSSA’s move to block its full implementation.
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Happiness Zengeni and Tinashe Makichi The National Social Security Authority chairman Robin Vela has said the institution’s board and management is willing to match the same level of performance standards and scrutiny on its operations as it has demanded from investee companies and organisations falling under its regulatory authority.
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Takunda Maodza Assistant News Editor— THE National Social Security Authority (NSSA) is up in arms with Matay-Kingdom over a demand for it to pay $4 million Value Added Tax (VAT) to the Zimbabwe Revenue Authority (Zimra) following the acquisition of a Borrowdale property at an inflated price of $32 million, with auditors — Grant Thornton — […]
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Takunda Maodza Assistant News Editor THE National Social Security Authority (NSSA) bought a Harare property for a price inflated by over $8 million in yet another investment boob bordering on corruption, it has emerged.
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Takunda Maodza Assistant News Editor— THE National Social Security Authority (NSSA) has sent 15 middle managers packing as it streamlines operations amid indications that hundreds of employees face retrenchment early next year.
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Business Reporter— THE Deposit Protection Authority has recommended litigation against directors of Trust Bank Corporation Ltd, for fraudulent conduct of business. KPMG, an agent of Depositors Protection Corporation, proposed in the first report for creditors, that the corporation institute proceedings against the past and present directors of Trust Bank for fraud in terms of
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