Social security scheme for informal sector

Staff Report |  1 year ago | business

The National Social Security Authority (NSSA) is preparing recommendations to Government for a social security scheme to cushion traders in the informal sector from economic vulnarabilities. The proposed scheme is in line with Vision 2030 and the national Development Strategy 1 and is part of NSSA’s contribution to a prosperous upper-middle-income economy by 2030. In an interview on the sidelines of a tripartite stakeholders meeting in Bindura yesterday, NSSA Director of Social Security, Mr Shepherd Muperi, said while the authority has traditionally focused on the formal economic sector, the unique characteristics prevailing the informal sector also need to be attended to.