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Grace Mugabe sucked into PSMAS saga

by Staff reporter
27 Jul 2015 at 08:38hrs | Views
First Lady Grace Mugabe's name has been dragged into the vicious power struggle at beleaguered health insurer, Premier Service Medical Aid Society (PSMAS), with one of the contenders for the top post allegedly using his relationship with her to manoeuvre his way to the top.

New PSMAS managing director Henry Mandishona has allegedly set his sights on being appointed group chief executive officer and insiders say that he has not made his relationship with President Robert Mugabe and his wife a secret.

Muchena did not hide his interest in the job.

"If it is advertised, I will apply, but I am not in competition with anyone at the moment," he said in a terse response.

Meanwhile, PSMAS Managing director Henry Mandishona is reportedly taking home a cool $40 000 each month.

His pay cheque is said to be four times higher than the recommended $11 000.

According to the Zimbabwe Independent, took over from controversial Cuthbert  Dube.

Psmas engaged consultants to stream line salaries, benefits and vehicles polices.

The average monthly salary for the top brass before the current exercises was $65 000 with a few top executives earning between $100 000 and $400 000.

The paper said executives are now earning between $9 000 and $11 000 per month.

Average benefits for executives which were $10 000 have now been slashed to about $1000.

Source - newsday
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