NSSA waives P4 late submission penalty

The National Social Security Authority (NSSA) says it has waived penalties for the late submission of P4 returns.

The welcome development is aimed at encouraging compliance and support business recovery and sustainability. Beneficiaries of the blanket waiver are corporates with outstanding P4 submission penalties from January to November 2024.

To be eligible, the companies are expected to submit a formal application letter, upload the outstanding P4 returns to current and settling all outstanding contributions as well as updating employee records. Employers have been called upon to embrace this initiative. NSSA is committed to enhancing social security.

John Tanyanyiwa

Business

Invictus Awards SLB Well Services Contract for Musuma-1 Well, On Track for November Spud in Zimbabwe’s Cabora Bassa Basin

Invictus Energy Limited has awarded a key drilling and well services contract to SLB, formerly Schlumberger, for its upcoming high-impact Musuma-1 exploration well in the Cabora Bassa Basin in Zimbabwe. The award keeps the project on schedule for drilling to commence in November 2026. The contract covers the provision of specialized drilling services, technology, and […]

Read More
Business

Old Mutual Posts Strong First-Half Growth, Raises Dividend and Launches R1 Billion Buyback

Old Mutual Limited delivered a solid set of unaudited interim results for the six months ended 30 June 2026, supported by stronger sales, improved margins, disciplined cost management and good progress on its strategic reset. The Group reported 21% growth in both Life Annualised Premium Equivalent sales and gross flows, reflecting improved competitiveness across South […]

Read More
Business

WestProp Shareholders Approve Restructuring Plan and Minority Exit Offer

WestProp Holdings Limited shareholders have approved a comprehensive scheme of reconstruction that will split the company’s assets and offer eligible minority shareholders in Alpha Holdings Africa an exit at a significant premium. The resolutions were passed at an Extraordinary General Meeting held on Tuesday, 1 September 2026. Shareholders representing 76.18% of the register attended in […]

Read More