NSSA takes the lead in infrastructure development

By Memory Chamisa

PUPLIC private partnerships continue to bear fruit in line with government’s infrastructure development agenda.

Investments in infrastructure is a priority in the National Development Strategy One, with the National Social Security Authority (NSSA) playing its part in that regard.

Officiating at the ground-breaking ceremony for a shopping mall at Makoni Shopping Centre in Chitungwiza this Thursday, the Minister of Public Service, Labour and Social Welfare, Professor Paul Mavhima reiterated the need for accountability at NSSA as pensioners have put their trust in them.

“NSSA has many dependents who have invested a whole lifetime of services in their hands and therefore, there is need for them to ensure that these people are well taken care of and their trust is not broken through embezzlement of funds and delays in disbursement of their pension funds.

“This model here is a good example of an investment that will see many being built in other provinces to ensure pensioners are well taken care of, which is the mandate of NSSA. More synergies must be built with other sources of finance to ensure sustainability,” said Minister Mavhima.

NSSA Board Chairperson, Dr Percy Toriro spoke on how the model project will be implemented in other areas of the country.

“Of course, a pension fund’s primary motivation for investing is to grow the fund for the benefit of future pensioners and other beneficiaries. There must, therefore, be mechanisms for pension fund investments to yield a return that benefits the fund and its existing and future beneficiaries,” he said.

Infrastructure development has been one of the major keystones of government’s development strategy, with almost every area being spruced up to aid economic growth.