Tag: NAPSA

NAPSA waives Penalties on Contributions

By Masauso Mkwayaya ]The National Pension Scheme Authority-NAPSA-has waived off 20-billion Kwacha in penalties imposed for contributions made after the due date. NAPSA Director General MUYANGWA MUYANGWA says the waiver comes after the enactment of the NAPSA Penalty Waiver Regulations of 2024 which prescribe  terms and conditions under which the Authority is expected to implement

NAPSA to prosecute over 300 erring employers

By Hector Simfukwe The National Pension Scheme Authority -NAPSA- has this year submitted 363 cases of erring employers to the Director of Public Prosecutions –DPP- for possible action. Of the 363 cases, 245 have been convicted and concluded from January to June 2023, while 118 cases are on summons stage and yet to be concluded.

NAPSA DG challenges media

By Joy Nyambe National Pension Scheme Authority-NAPSA- Director General MUYANGWA MUYANGWA has challenged the media to help fill the information gap between NAPSA and its members. Mr. MUYANGWA says there is a lot of speculation which needs to be removed in terms of how NAPSA operates. He says the media is therefore a key partner

ZCCM-IH Gives NAPSA K109m Dividend

ZCCM Investment holdings have given the National Pension Scheme Authority-NAPSA- a dividend of 109 Million Kwacha. NAPSA Director General, MUYANGWA MUYANGWA says the money received shall be ploughed back into the economy in order for it to continue creating value. Mr. MUYANGWA says by doing so,NAPSA’s asset base will grow and ultimately solidify the quest

NAPSA pays out K8.7 billion

By Etambuyu Katota The National Pension Scheme Authority -NAPSA has paid out K8.7-billion to over four hundred thousand beneficiaries under the pre-retirement lump-sum benefit programme. Labour and Social Security Minister BRENDA TAMBATAMBA announced this during the launch of the NAPSA 2022 to 2023 strategic plan in Lusaka today. Ms. TAMBATAMBA said the launch of the

NAPSA pays out K5.7 billion

By Ruth Chayinda The National Pension Scheme Authority -NAPSA – has so far paid out 5.7 billion kwacha to over 214,000 partial pre-retirement beneficiaries. And NAPSA Head of Corporate Affairs CEPHAS SINYANGWE says the authority has continued to carry out inspections in different companies to check on compliance on the remittance of NAPSA contributions. Mr.
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