Thursday, January 23, 2014

Some Zimbabwean executives earning big money

Top management at Premier Service Medical Aid Society (PSMAS) are earning more than US$1 million in basic monthly salaries at a time the State enterprise is reeling under a US$38 million debt.
As at December 31, the society owed service providers US$38 million in unpaid bills for medical services rendered to its members while Cuthbert Dube who is also a ZANU PF alley earned a basic monthly salary of US$230 000.
The PSMAS annual wage bill rose from US$15 547 171 in 2011 to US$33 413 373 in 2012, almost half of which was paid to the top 14 managers.

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