CZI tackles NSSA

Business Reporter
THE Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter will meet National Social Security Authority (NSSA) general manager James Matiza tomorrow to discuss the pension fund’s role in industrial development and concerns over garnishing of company accounts. The meeting will be held at the Zimbabwe International Trade Fair (ZITF) VIP lounge in Bulawayo where NSSA will be given the opportunity to clarify and shed light on several issues affecting industry.

Among the issues to be discussed are concern on NSSA garnishing of firms accounts, the possibility of having a moratorium for distressed companies and what NSSA is doing to re-invest into manufacturing and value addition from pension contributions.

There will also be a discussion on NSSA’s position regarding accreditation of boiler maintenance firms and annual inspections in relation to the cost of operation.

“The CZI Matabeleland Chapter is inviting everyone to a meeting with NSSA where Matiza will address members over concern raised on the operation of public statutory service provider.

“Members are of the view that there is a need for a regular dialogue to prevent misunderstanding emanating from inaccurate press coverage and distorted public opinion,” said CZI in a statement.

The industry body met the Reserve Bank of Zimbabwe Governor Dr John Mangudya in Bulawayo on Tuesday to review the mid-term monetary policy statement.

A number of issues were tabled with a resolve to hasten industrial growth through financing quick-win projects and going back to basics of business operation and adherence to law.

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