What is NSSA up to?

EDITOR - I am sorry I am not one of those who watch and let our investment being destroyed. I am sure I played a massive instrumental role in questioning what was happening at NSSA over the years.

As a True Zimbabwean, who has strived to protect his investment at all cost after having lost a lot of money in Kingdom, Interfin, Barbican and Caps Holding. Every time I see any investments activity taking place, I always put my investment analyst hat on and analyse the opportunities that exist.

Why did the NSSA board set up National Building Society Limited (NBS). According to their website, they say National Building Society Limited (NBS) is a Registered Building Society under the Building Society Act chapter 24:20. The Society was set up with the sole mandate of contributing to the National Housing stock and in support of the Zimbabwean Government Zim-Asset and Financial Inclusion programmes.

For God’s sake this is an institution that has massive equity in all major financial institutions in Zimbabwe. NSSA should have injected capital into any of building society institutions instead of adding unnecessary overhead and wasting our money. What experience does NSSA have of running a building society? My question is: Is this another avenue to loot our contributions?

My worry is we will be going back to the era where looting was the order of the day and yet they are still scot free enjoying their lootings. The time has come for all hard working Zimbabweans to demand accountability and transparency at our treasured asset NSSA.

Concerned citizen.