Government will introduce a number of derivatives and investments assets by the end of the first quarter, which will help soften pension funds’ skewed investments in the equities market and property sector. These entities’ investment in properties currently means their funds are tied down for near-term obligations.

The decision by the Government through the Ministry of Finance to put an end to the multi-currency system and de-dollarise under Statutory Instrument 142 of 2019, is a “welcome intervention”, FBC Holdings chief executive officer John Mushayavanhu has said.