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Zimbabwe in talks with South Africa on how its citizens can repatriate their pensions when they return home

Zimbabwe is in talks with South Africa to put in place a framework which will allow its citizens working in the neighbouring country to repatriate their pensions upon their return home, an official has said. 

It is estimated that at least a million Zimbabweans are living and working in South Africa.

Public service, labour and social welfare permanent secretary Ngoni Masoka told journalists yesterday that the plan was being structured under a bilateral Memorandum of Understanding on labour administration signed by the two countries in April.

“We are looking at issues like portability of social security.  When our people go to South Africa, they work there contributing to pensions so we would like to make sure that there is portability of their pensions when they come back home,” Masoka said.

“If they are any disputes we will also come in as governments to assist in dispute settlement.”

(268 VIEWS)

This post was last modified on September 20, 2017 9:10 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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