Ranga Makwata, President of the Investment Professionals Association of Zimbabwe (IPAZ), says Zimbabwe’s pension industry must be repositioned as a vital pillar of economic development and national resilience.
Speaking at a collaborative symposium organized by CFA Society South Africa, IPAZ, and the Zimbabwe Association of Pension Funds (ZAPF), Makwata emphasized the broader role pensions should play in society.
“A healthy pension industry is more than just a vehicle for a dignified retirement; it is a cornerstone of national stability,” he said.
Makwata noted that pension funds can significantly contribute to economic growth by building domestic savings, reducing reliance on government for infrastructure financing, and investing in projects with strong return prospects.
“In a world where the only certainty is uncertainty, a well-funded pension system is the closest thing we have to a safety net,” he added, urging policymakers, professionals, and the industry to ensure the sector is geared to support Zimbabwean society at large.
