Zimbabwean pensioners affected by the country’s 2019 currency changes are beginning to receive US$200 (approximately R3,316) each in compensation for losses suffered when their pension savings were converted into local currency. The Insurance and Pensions Commission (IPEC) has started distributing US$1.75 million (approximately R29.02 million) to 8,600 private occupational pensioners through EcoCash. The payments are […]
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