Staff Writer

Harare, Total expenditure for Pension Fund Administrators amounted to $96 billion in the quarter to March 2024, against an income of $70,7 billion, resulting in a loss of $25,5 bln.

According to the Ipec Pensions Report for the quarter under review total expenditure was mainly comprised of salaries and wages, operating expenses, commissions and rentals.

Salaries and wages at $50,51 billion