News / National
Zimbabwe's Salaries and Benefits top earners
19 Mar 2014 at 04:16hrs | Views
A schedule of State enterprises CEO pay released yesterday showed that the former Premier Service Medical Aid Society (PSMAS) CEO Cuthbert Dube raked in an astonishing $535,500, with monthly benefits of $305,500.
NetOne boss Reward Kangai is the second highest earner with a total pay of $43,693 made up of a basic pay of $10,126 and allowances of $33,567.
The ZBC's suspended CEO Happison Muchechetere weighed in as the third highest earner with a pay of $37,050.
John Chikura of the Deposit Protection Corporation (DPC) had a salary of $36,359, of which $24,477 were benefits - making him the fourth highest paid parastatal boss.
The Infrastructure Development Bank of Zimbabwe (IDBZ) boss Charles Chikaura had a hefty $35,359 total pay, followed by the Reserve Bank of Zimbabwe governor who was sixth with a total package of $32,943.
The Zimbabwe Mining Development Company's Jerry Ndlovu, recently suspended, had a package of $31,722, just ahead of the National Social Security Authority (NSSA) boss James Matiza on $29,062.
Sitting in ninth is the Zimbabwe Energy Regulatory Authority (Zera) boss Gloria Magombo with a hefty $28,403 gross salary.
Agribank CEO Somukosi Malaba is the 10th best paid parastatal boss with a package of $27,862.
Other notable high earners were the Zimbabwe National Road Authority (Zinara) chief executive officer Frank Chitukutuku who earns $25,516 and is 12th overall; TelOne chief Chipo Mutasa ($24,940) and Zimbabwe Revenue Authority (Zimra) head Gershem Pasi who slots in 15th with a package of $24,041 made up of a basic of $11,670 and benefits of $12,371.
Zesa chief Josh Chifamba is position 20 on the list with a total pay of $17,926 with the Grain Marketing Board's Albert Mandizha ($17,800) and the Zimbabwe National Water Authority (ZINWA) boss Albert Muyambo ($17,200) closely matching him.
The State Procurement Board chief is at position 33 earning a monthly total of $13,961 while the National Railways of Zimbabwe CEO sits on 34 at $13,864.
ZIMSEC and CMED bosses were 43rd and 44th overall with monthly salaries of $10,185 and $10,108 respectively.
The Zimbabwe Tourism Authority's Karikoga Kaseke gets $9,050 while the Air Zimbabwe boss earns a total of $7,388.
NetOne boss Reward Kangai is the second highest earner with a total pay of $43,693 made up of a basic pay of $10,126 and allowances of $33,567.
The ZBC's suspended CEO Happison Muchechetere weighed in as the third highest earner with a pay of $37,050.
John Chikura of the Deposit Protection Corporation (DPC) had a salary of $36,359, of which $24,477 were benefits - making him the fourth highest paid parastatal boss.
The Infrastructure Development Bank of Zimbabwe (IDBZ) boss Charles Chikaura had a hefty $35,359 total pay, followed by the Reserve Bank of Zimbabwe governor who was sixth with a total package of $32,943.
The Zimbabwe Mining Development Company's Jerry Ndlovu, recently suspended, had a package of $31,722, just ahead of the National Social Security Authority (NSSA) boss James Matiza on $29,062.
Sitting in ninth is the Zimbabwe Energy Regulatory Authority (Zera) boss Gloria Magombo with a hefty $28,403 gross salary.
Agribank CEO Somukosi Malaba is the 10th best paid parastatal boss with a package of $27,862.
Other notable high earners were the Zimbabwe National Road Authority (Zinara) chief executive officer Frank Chitukutuku who earns $25,516 and is 12th overall; TelOne chief Chipo Mutasa ($24,940) and Zimbabwe Revenue Authority (Zimra) head Gershem Pasi who slots in 15th with a package of $24,041 made up of a basic of $11,670 and benefits of $12,371.
Zesa chief Josh Chifamba is position 20 on the list with a total pay of $17,926 with the Grain Marketing Board's Albert Mandizha ($17,800) and the Zimbabwe National Water Authority (ZINWA) boss Albert Muyambo ($17,200) closely matching him.
The State Procurement Board chief is at position 33 earning a monthly total of $13,961 while the National Railways of Zimbabwe CEO sits on 34 at $13,864.
ZIMSEC and CMED bosses were 43rd and 44th overall with monthly salaries of $10,185 and $10,108 respectively.
The Zimbabwe Tourism Authority's Karikoga Kaseke gets $9,050 while the Air Zimbabwe boss earns a total of $7,388.
Source - herald
