Delinquent firms face asset seizures
… IPEC to garnish company accounts
PHILLIMON MHLANGA Zimbabwe’s delinquent companies face imminent asset seizures and bank account garnishments as pension contribution arrears balloon to a staggering US$93m, triggering an aggressive enforcement blitz by the Insurance and Pensions Commission (IPEC), Business Times can reveal. The insurance and pensions regulator this week sounded the alarm, warning that thousands of workers and retirees risk being stripped…
