HomeBusinessNssa hunt for boss still on

Nssa hunt for boss still on

Ndamu Sandu

THE National Social Security Authority (Nssa) says efforts have been put in place to recruit a substantive general manager three years after the board’s proposal had not been effected. <

Nssa has been without a substantive general manager since 2000 and Amod Takawira has been in an acting capacity since then.

Board chairman Edwin Manikai told businessdigest this week that the board was scouting for a candidate to fill the post three years after the board submitted the name of a suitable candidate for the post.

Manikai said the board made recommendations to the Ministry of Public Service on the appointment of a substantive general manager in 2001.

“As way back as 2001 we advertised for the position and interviewed interested candidates. We made recommendations to the Minister of Public Service who consults with the President,” he said.

“Our recommendations have never been taken and we are going through the process again”.

Nssa announced in June that it was pushing for amendments to legislation governing its activities to close in on defaulting employers.

Manikai said there were amendments that were done allowing Nssa to garnish employers that defaulted on paying contributions.

The key institutional investor, with trillions of dollars in pension funds under its management, has been without a substantive boss since 2000, a development which has raised eyebrows among employers and workers who contribute funds to the compulsory pension scheme. Nssa was established in 1994 to handle pensions on behalf of workers in both the private and public sectors. To-date the institution has managed to increase its equity in a number of listed entities.

A report by the comptroller and auditor general Eric Harid noted that Nssa books were in a shambles.

In his report for the audited 2001 period to the then Minister of the Public Service and Social Welfare July Moyo, Harid said Nssa had not achieved its intended goals.

Recent Posts

Stories you will enjoy

Recommended reading