Government schemes inflation-proof bonds

President Emmerson Mnangagwa and Finance Minister Mthuli Ncube at the launch of NDS2.

THE government says it will introduce inflation-hedged and index-linked bonds, alongside a pension portability system that allows members to keep their accrued benefits when they change jobs or schemes, a move aimed at protecting the real value of retirement savings. The pension sector has long struggled with severe value erosion caused by hyperinflation and currency…

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