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Government appoints new NSSA executive

by Staff Reporter
03 Aug 2016 at 20:09hrs | Views
The government has unveiled a new National Social Security Authority (NSSA) senior management team whose mandate is to craft policies aimed at investing pensioner's funds in profitable projects across the country.

Seasoned business executive Elizabeth Chitiga has been appointed the new NSSA general manager.

She will lead an executive of eight members unveiled in the capital this Wednesday.

NSSA board chairman Robin Vela says the new management will be assisted by directors and the government to focus on restoring stakeholders' confidence and improving returns for pensioner or contributors investments.

"We are indeed focusing on those aspects that can unlock better returns to the investors," said Vela.

The Minister of Public Service, Labour and Social Welfare, Prisca Mupfumira says the government is committed to ensuring that investment portfolios under the ownership and control of NSSA are being implemented in a manner that will be

"We hope for the betterment of this country by improving the general focus to the economy," Mupfumira said.

NSSA has been criticised for some unprofitable investments that have resulted in low returns to the contributors.

However, the senior executive has pledged to come up with a turnaround policy aimed at improving income inflows from portfolios such as industrial and commercial properties, financial systems, equities market, fixed assets, among others.  nefit the  economy.

Source - zbc