adminContributions, premiums always paid before benefits
There is one characteristic which is a permanent feature of the contractual savings industry. Contributions and premiums are always paid before benefits. The implication of this tradition is always that inflation will affect benefits more than premiums and contributions. If this is not regulated properly, it can lead to a systematic loss of the benefits by pensioners and policyholders when compared with the premiums paid in respect of them.
POLAD to discuss corruption at NSSA
Participants in the Political Actors Dialogue (POLAD) will discuss corruption affecting the National Social Security Authority (NSSA), MDC-T vice president Obert Gutu has said.
African multinationals bring home much more than profits
Often when companies take their operations abroad, a practice referred to as internationalisation, the main intention of the owners or managers is to increase corporate earnings.
Eight reasons why I’m worried, and hopeful, about the next generation
Dear children of today and of tomorrow,
Agric productivity could be the answer
“The most important security is that of the stomach,” says Lands, Agriculture, Water, Climate and Rural Resettlement Deputy Minister Vangelis Haritatos.
Zim, Rwanda to strengthen ties
Zimbabwe and Rwanda are working on strengthening their ties within the context of the Joint Permanent Commission of Co-operation.
RBZ targets $200m
The Reserve Bank of Zimbabwe (RBZ) yesterday opened its 272-day Treasury Bills under which it is aiming to mobilise $200 million to fund Government operations.
Shiri urges lowveld farmers to grow cotton
Farmers in the Lowveld should consider cotton growing as the crop has potential to contribute significantly towards national economic turnaround, Lands, Agriculture, Water, Climate and Rural Resettlement Minister Perrance Shiri has said.
Mining start-up to plough US$100k into exploration
A MINING start-up, Sullivan Enterprise, is preparing to splurge an initial US$100 000 in exploratory work for brownfield copper deposits near Chinhoyi in Mashonaland West after winning a High Court battle over the claims.
Abusive messages lands woman in court
A Harare woman was yesterday ordered to pay a fine of $250 after she was found guilty of sending abusive messages to her ex-husband’s wife.