Zimbabwe. Pensioners to get express cash
The Government is working with the Reserve Bank of Zimbabwe and banks to ensure that pensioners access cash for their pension payouts.
The country has been experiencing cash shortages that have seen members of the public literally camping at banking institutions who are failing to satisfy their clients. The hardest hit, however, are pensioners, with some now being forced to sleep on bank pavements for more than a night in anticipation of cash.
Minister of Public Service, Labour and Social Welfare Dr Sekai Nzenza told Sunday News yesterday that she was aware of the plight of pensioners and was now engaging the RBZ at technical level to ensure that pensioners access their money.
“We are reviewing the current method of payment and are already in conversation with banks at technical level to find a better way for pensioners to access money. We have to speak with the RBZ governor (Dr John Mangudya) and Treasury for that to happen.”
Her comments comes after a group of pensioners last week stormed into a CABS banking hall in Bulawayo demanding to see the manager after they spent two nights sleeping outside the building with the hope of getting cash.
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