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{
    "id": 810750,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810750/?format=api",
    "text_counter": 298,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "We need to cast the net wider. This is the challenge the RBA is facing so that we can reach the unreached in the informal sector. When they retire or become disabled in a way that they cannot work, they will become the responsibility of those who are working, yet they have a very good opportunity to take care of their future through the policies that we create and through the emphasis from the RBA. This will ensure that we reach those in the informal sector to contribute so that they can start saving in the schemes and investments. As I wind up, I want to say that we need to diversify the investment that we do in terms of our retirement schemes because any kind of saving, will be done with the expectation of optimum return. Optimum return can only be found when we fetch for the best investment opportunities. Where we are as a country should be stimulating businesses. One way of stimulating businesses is through the schemes embracing something like venture capital and private equity so that we go out of the traditional investment avenues and go to the ones that we can maximise profit on, even as we make social impact to the people who can create businesses but need capital. There are so many billions lying in investments and retirement schemes. With those remarks…"
}