Farai Mabeza, Senior Staff Writer 
THE Zimbabwe Association of Pension Funds (ZAPF) says the industry’s long-standing challenges with prescribed asset ratio compliance could be eased by opening up investment opportunities in the mining and rail sectors.
Pension funds have been struggling to meet the prescribed asset investment threshold of 20 percent due to liquidity challenges and lack of appropriate products to participate in, with the sector only managing to achieve a compliance level of 3,62 percent as of June 30, 2021.
ZAPF councillor Patience Dhliwayo told journalists recently that there were a number of infrastructure projects that pension funds could invest in with the necessary support.
“For example, when one drives along the country’s main highways, the number of trucks ferrying cargo is alarming. This cargo could be ferried by rail at a fraction of the cost.
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