The National Social Security Authority (NSSA) plays a vital role in advancing Zimbabwe’s Vision 2030 by ensuring social protection for workers from the day they start employment until they pass away. Speaking at the ongoing Zimbabwe Economic Development Conference in Bulawayo today, NSSA general manager, Dr. Charles Shava highlighted that NSSA manages two key schemes: the Accident Prevention and Compensation Scheme and the Patient Benefits Scheme, which provide sustainable social security that covers both active and inactive employees. He sai that currently, about 39,200 active employers are registered with NSSA, covering 91,000 inactive employers in the economy.
NSSA also supports workers through compensation for injuries, rehabilitation, and accommodation—enhancing social welfare and maintaining workforce productivity.
Beyond social security, NSSA strategically invests to preserve and grow the value of contributions. It holds a significant 12% market share in the Zimbabwe Stock Exchange (ZSE) and a 2.56% share in the Victoria Falls Stock Exchange (VFEX).
Importantly, NSSA’s investments include offshore ventures and local property developments such as Gwanda and Chipinge Shopping malls and stocks in bouyant counters on the stock market which include FBC Holdings, CBZ Holdings, Zimre Holdings, SeedCo, OK Zimbabwe, National Building Society (NBS) and the Nyabira Solar Plant, among others.
These investments are essential for preserving fund value and ensuring financial sustainability, which in turn supports the broader goals of Vision 2030 for inclusive socio-economic development.
Through a combination of sound social protection and strategic investing, NSSA contributes directly to Zimbabwe’s long-term development plan—helping secure social welfare while mobilizing capital for economic transformation.
