Business / Companies
17 NZR top brass share $70 000 in allowances, school fees
27 Jan 2016 at 06:02hrs | Views
SEVENTEEN top National Railways of Zimbabwe (NRZ) parcelled out $69 777 among themselves as part of their school fees benefits.
The non-recurring earnings document Type 26 from NRZ dated January 11, 2016, shows that the top five executives at the parastatal got $25 474, while 10 line managers received varying amounts totalling $44 303 as allowances for fees.
This follows reports that the NRZ managers have been getting between 70% and 85% of their salaries as of December last year, while the majority of workers go without pay.
NRZ finance director Frank Bhule admitted that the NRZ management got the school fees allowances in December and not in January as earlier claimed.
"Such payments are normally made in December and the figures vary according to certain schools. The payments were not made in January," he said without elaborating.
The non-recurring earnings document Type 26 from NRZ dated January 11, 2016, shows that the top five executives at the parastatal got $25 474, while 10 line managers received varying amounts totalling $44 303 as allowances for fees.
This follows reports that the NRZ managers have been getting between 70% and 85% of their salaries as of December last year, while the majority of workers go without pay.
NRZ finance director Frank Bhule admitted that the NRZ management got the school fees allowances in December and not in January as earlier claimed.
"Such payments are normally made in December and the figures vary according to certain schools. The payments were not made in January," he said without elaborating.
Source - Southern Eye
