NSSA introduces US dollar partial pension pay-outs

HARARE – In a move meant to buffer Zimbabwean pensions from the country’s galloping inflation, the National Social Security Authority (NSSA) has introduced partial pay-outs in US dollars. Zimbabwean pensioners are paid in local currency, whose value keeps tumbling and eroding wages. Prices of goods and services shot up recently, prompting government to allow cheap imports in an ostensible bid to…

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