NSSA curbs ‘bad investments’

The National Social Security Authority (NSSA) has increased the frequency of actuarial valuations of its investment portfolio as part of wider measures to ensure significant yields.

The State-run entity uses a liability-driven investment strategy that is based on the cash flows needed to fund future liabilities, and is commonly observed in the defined benefit (DB) space.

Lupita Nyong’o’s show-stealing performance

“LITTLE Monsters” is a good movie that failed to make an impact in the year it was released.

How so?

‘EU economy’s GDP may fall up to 15pc on coronavirus’

European Central Bank President Christine Lagarde told the region’s leaders that the euro-area economy could shrink by as much as 15 percent as a result of the pandemic, and that they risk doing too little, too late, according to three people familiar with the remarks.

Face your mountain

The highest mountain in Zimbabwe is Mount Nyangani standing at a height of 2 592 metres. The mountain is located within the Nyanga National Park, about 110 kilometres northwest of Mutare. For mountain climbers, you have not climbed a mountain until you stand at its summit.

Is there room for fuel price cut in Zim?

Zimbabwe is unlikely to see an immediate drop in the local currency price of fuel in line with falling global prices because current prices already reflect dynamics in source markets, while the recent sharp fall in international prices relates to purchases for future deliveries.

It’s sweet being a boss, but…

MR Arnold Bakasa was sitting blithely in his office preparing his presentation for a forthcoming executive meeting when one of his janitors, Jasper, knocked on the door with a scantily dressed young woman whose eyelashes appeared longer than the skirt she was wearing in tow.

Sharp decline in remittances

ZIMBABWE could experience a significant drop in remittances from the Diaspora if the projections by the World Bank are anything to go by.

Diaspora remittances are a lifeline for many families and a key driver of local economic activity.

Fake news: Zim must go beyond Covid-19 legislation

A crucial lesson we have learnt from the coronavirus pandemic is that disinformation travels faster than any virus.

Disasters that can ruin your finance. . . and how to avoid them

The Balance To protect against floods, some people build houses on stilts or pilings. For tornadoes, there are storm cellars. And in the event of a fire, most buildings have…

Coronavirus outbreak affects Adidas’ sales

China’s coronavirus outbreak is hitting fashion and sports companies hard.

The latest to report on the effects of the epidemic is Adidas.

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