8,600 Zimbabwean pensioners receive US$200 compensation
By the AFREEQUE newsroom, based on Newsday
Zimbabwe’s insurance and pensions commission has begun paying US$200 to around 8,600 pensioners affected by the 2019 currency reform. The compensation, funded by dividends from Mutapa Gold Resources, comes after seven years of waiting, according to NewsDay.
About 8,600 Zimbabwean pensioners whose savings lost value after the 2019 currency reforms are to receive US$200 each in compensation, the daily NewsDay reports. The Insurance and Pensions Commission of Zimbabwe (IPEC) announced on Friday that it had begun making the payments, funded by dividends from Mutapa Gold Resources, a state-owned gold mining company.
The beneficiaries have been waiting for compensation for seven years, according to NewsDay. The compensation is intended to cover losses incurred during the 2019 currency reform.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
