NATIONAL Pension Scheme Authority (NAPSA) Director General Muyangwa Muyangwa says the institution has approved a total of 5,704 penalty waiver applications amounting to over K1.2 billion. Speaking during the NAPSA Stakeholders Forum, Thursday, Muyangwa said the authority had so far collected contributions amounting to about K43 million. “In my last address to the forum, I reiterated that we had set out to build a new NAPSA – an agile, bold, credible, transparent and accountable NAPSA. Allow me to highlight some of our recent achievements in our quest to build the NAPSA we all want and can be proud of. Penalty reduction and penalty waiver: we are glad to report that beginning January 2024, we implemented a government initiative to reduce...

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