Looting of Public Funds in Zimbabwe?

Top executives at some of the country's parastatals and state enterprises have allegedly been involved in massive and systematic looting of public funds through mega-salaries, outrageous allowances and misappropriation.

  • Zimbabwe:   Mugabe Under Spot Light

    Financial Gazette, 13 February 2014

    ALL eyes are on President Robert Mugabe as his leadership faces a stern test in the wake of an expose' on corruption in State-owned entities that requires a strategic and tactical… Read more »

  • Zimbabwe:   Mugabe Ignored Salary Report - Former Minister

    SW Radio, 12 February 2014

    President Robert Mugabe knew of the obscene salaries earned by executives in public institutions as far back as four years ago but did not act, a former cabinet minister has said. Read more »

  • Zimbabwe:   Looting Zimbabwe

    OSISA, 10 February 2014

    It is hard to believe that in a poor African country where most people survive on less than one US$1 per day, the top executives of some of parastatals are grossing half a million… Read more »

  • Zimbabwe:   Looting Is Not Always Illegal!

    Financial Gazette, 13 February 2014

    LET me surprise our readers by saying that while your concern about the looting of public companies by board members is justified, these companies are set up to be looted. Here is… Read more »

  • Zimbabwe:   Air Zimbabwe Boss Held Over U.S $9 Million Fraud

    New Zimbabwe, 12 February 2014

    Air ZIMBABWE company secretary, Grace Pfumbidzayi has been arrested for allegedly defrauding the national airline of millions of dollars in an insurance scam, police revealed… Read more »

  • Zimbabwe:   Police Arrest Airzim Boss

    The Herald, 13 February 2014

    Air Zimbabwe Private Limited company secretary Grace Nyaradzo Pfumbidzayi has been arrested on six counts of fraud and one of criminal abuse of duty as a public officer for… Read more »

  • Zimbabwe:   Airzim Boss Found Guilty

    The Herald, 11 February 2014

    Air Zimbabwe (Private) Limited company secretary Mrs Grace Pfumbidzayi has been found guilty of defrauding the airline of 5 175 593 and US$1 204 670 in an aviation insurance scam.… Read more »

  • Zimbabwe:   Harare Managers Gave Each Other Vast Stands

    New Zimbabwe, 10 February 2014

    HARARE managers took advantage of the absence of an elected local authority to help themselves to vast residential and commercial stands in the lead-up to last year's harmonised… Read more »

  • Zimbabwe:   Prison Service Loses U.S$1,8 Million in Tender Scam

    The Herald, 11 February 2014

    The Zimbabwe Prison and Correctional Services has lost US$1,8 million in a scam involving inflated prices for goods and services by its staff. This emerged at the Harare… Read more »

  • Zimbabwe:   Mujuru Must Resign and Face Probe - MDC-T

    New Zimbabwe, 10 February 2014

    ACTING President Joyce Mujuru must resign for condoning corruption in government and State-owned enterprises and should also be investigated, mainstream MDC said Monday. Read more »

  • Zimbabwe:   ZBC's Mandizvidza Paid U.S $27 000 Per Month

    New Zimbabwe, 9 February 2014

    FRESH details of obscene salaries at the Zimbabwe Broadcasting Corporation (ZBC) have emerged with revelations that top lieutenants of suspended chief executive officer, Happison… Read more »

  • Zimbabwe:   Lay Off 'Salarygate', Mujuru Orders Media

    New Zimbabwe, 9 February 2014

    IN SHOCK remarks, Vice President Joice Mujuru has claimed that public exposure of the pay rot at nearly dysfunctional State enterprises was the work of subversive elements trying… Read more »

  • Zimbabwe:   Salarygate - Heads, Torsos Should Roll

    The Herald, 10 February 2014

    President Mugabe has shown leadership by expressing dismay at the obscene salaries that some heads of parastatals and state enterprises have been paying themselves and the criminal… Read more »

  • Zimbabwe:   'Government Protects Thieves'

    Zimbabwe Standard, 9 February 2014

    PRESSURE is mounting on government to take action against parastatal bosses implicated in the hefty salary scandals and other corrupt deals, amid serious doubts over the state's… Read more »

  • Zimbabwe:   Mujuru Blasts Media Over Graft Reports

    The Herald, 10 February 2014

    ACTING President Joice Mujuru has castigated the exposure of corrupt activities in parastatals and related companies in the media, saying this might be the work of detractors bent… Read more »

  • Zimbabwe:   ZBC Culprits Will Be Prosecuted - Ministry

    The Herald, 10 February 2014

    Information, Media and Broadcasting Services Deputy Minister Supa Mandiwanzira says those found to have been on the wrong side of the law at the Zimbabwe Broadcasting Corporation… Read more »

  • Zimbabwe:   It Never Rains, but Pours for Ex-PSMAS Chair Namasasu

    The Herald, 8 February 2014

    The Civil Service Commission has suspended sacked PSMAS board chairperson Mrs Meisie Makeletso Namasasu from the Ministry of Finance and Economic Development where she was a… Read more »

  • Zimbabwe:   Civil Servants Move On PSMAS

    The Herald, 8 February 2014

    Civil servants, who form the majority of contributors to Premier Service Medical Aid Society, met in Harare yesterday and resolved to hold an urgent general meeting to dissolve the… Read more »

  • Zimbabwe:   Zesa Advisor Joins Growing List of Parastatal Looters

    SW Radio, 7 February 2014

    A business consultant hired by a subsidiary of Zimbabwe's power authority, ZESA, has joined the list of executives reported to be receiving exorbitant salaries at state… Read more »

  • Zimbabwe:   Charamba Pocketed $100,000 From PSMAS

    New Zimbabwe, 7 February 2014

    GEORGE Charamba earned $100,000 from his role as a board member at the beleaguered health insurer PSMAS in 2013, well above his annual salary as top civil servant. Read more »

  • Zimbabwe:   Mugabe Aide Admits 'Culpability' in Medical Aid Looting Scam

    SW Radio, 6 February 2014

    As the exposés on corporate corruption continue to unravel, Presidential spokesman George Charamba has admitted to his 'culpability' in a looting scam that has rocked the… Read more »

  • Zimbabwe:   Probe All Parastatals, Says ZEEC

    The Herald, 7 February 2014

    Zimbabwe Economic Empowerment Council has urged Government to probe all parastatals, Government institutions and the private sector to curb corruption, which has taken away… Read more »

  • Zimbabwe:   Action Against Looters Begins

    The Herald, 6 February 2014

    POLICE yesterday said they were ready to start criminal proceedings against suspects fingered in corrupt dealings in the ongoing salary-gate and other scandals that have dominated… Read more »

  • Zimbabwe:   Dube's Heaven-On-Earth Contract

    The Herald, 5 February 2014

    Sacked Premier Service Medical Aid Society group chief executive officer Dr Cuthbert Dube retired late last year, but was immediately re-employed on a contract basis and with a… Read more »

  • Zimbabwe:   Pay Scandal, Biti Demands Judge-Led Inquiry

    New Zimbabwe, 4 February 2014

    MDC-T secretary general and former finance minister Tendai Biti has called for a massive probe into the salary scandal involving top bosses in government's loss making entities as… Read more »

  • Zimbabwe:   When Unethical Business Leadership Equals Economic Sabotage

    The Herald, 4 February 2014

    Many analysts have observed sickening unethical business practices in parastatals which they say are responsible for gross mismanagement. Morality bids everyone to do business in… Read more »

  • Zimbabwe:   Top Harare Managers Earning U.S $37,000 Each

    New Zimbabwe, 28 January 2014

    HARARE Town Clerk Tendai Mahachi and his 18-member management team were under pressure Tuesday following revelation of their hefty salaries and lavish perks at a time residents… Read more »

  • Zimbabwe:   Parliament Wants Dube Prosecuted

    The Herald, 29 January 2014

    THE Parliamentary Portfolio Committee on Health and Child Care has recommended that former Premier Services Medical Aid Society chief executive officer Dr Cuthbert Dube be… Read more »

  • Zimbabwe:   Legislators Demand Dube Prosecution

    New Zimbabwe, 28 January 2014

    FORMER Premier Services Medical Aid Society (PSMAS) CEO Cuthbert Dube his management team must be prosecuted and banned from running public service organisations, legislators said… Read more »

PSMAS salaries.

  • Zimbabwe:   Dube, Entire PSMAS Board Fired

    New Zimbabwe, 27 January 2014

    THE government has fired the entire Premier Service Medical Aid Society (PSMAS) board and forced its Chief executive Cuthbert Dube to resign. Read more »

  • Zimbabwe:   Cuthbert Dube Sent Packing

    The Herald, 27 January 2014

    Premier Service Medical Aid Society group chief executive Dr Cuthbert Dube has been forced to retire with immediate effect while the society's chairperson Mrs Meisie Namasasu was… Read more »

  • Zimbabwe:   PSMAS Fires Cuthbert Dube

    The Herald, 28 January 2014

    Premier Service Medical Aid Society group chief executive Dr Cuthbert Dube and the society's board chairperson Mrs Meisie Makeletso Namasasu have been booted out.The society has… Read more »

  • Zimbabwe:   Corrupt Public Officials Must Face Prosecution - Legal Expert

    The Herald, 28 January 2014

    Public officials who award themselves "monster" packages and run down institutions they have been entrusted to manage should not only be fired but must also be prosecuted in terms… Read more »

  • Zimbabwe:   Dube, PSMAS Board Chairperson Retired

    New Zimbabwe, 27 January 2014

    PREMIER Service Medical Aid Society (PSMAS) said Monday that Chief Executive Cuthbert Dube had been relieved of his duties, having reached the retirement age. Read more »

  • Zimbabwe:   Salary Cut for PSMAS Bigwigs

    The Herald, 24 January 2014

    THE Premier Service Medical Aid Society board has slashed the salaries of chief executive officer Mr Cuthbert Dube and senior management.Since September last year, Mr Dube had been… Read more »

  • Zimbabwe:   Labour Unions Deplore Obscene Salaries

    Zimbabwe Standard, 26 January 2014

    WORKERS' representative bodies have roundly condemned the huge salaries earned by bosses at the Premier Service Medical Aid Society (Psmas) and the Zimbabwe Broadcasting… Read more »

  • Zimbabwe:   Zimbabweans Express Outrage at Hefty PSMAS Salaries

    VOA, 24 January 2014

    Struggling Zimbabweans were Thursday shocked by revelations that senior management at the Premier Service Medical Aid Society (PSMAS) are earning absurd amounts of money, gobbling… Read more »

  • Zimbabwe:   Govt to Act On Obscene Salaries - Prof Moyo

    The Herald, 24 January 2014

    Government is taking action on the hefty salaries paid to parastatals' bosses, some of whom are pocketing more than US$200 000 a month when the organisations they head are failing… Read more »

  • Zimbabwe:   Government Urged to Clampdown On Obscene Salaries

    SW Radio, 23 January 2014

    The ruling ZANU PF government should curb obscene salaries for heads of parastatals as a matter of urgency, the opposition MDC-T party said on Thursday. Read more »

  • Zimbabwe:   Minister Feels Heat Over Dube's U.S.$230K Salary

    New Zimbabwe, 23 January 2014

    THE government has vowed to address the rot at the Premier Service Medical Aid Society (PSMAS) where the CEO is said to earn close to a quarter of a million dollars each month… Read more »

  • Zimbabwe:   PSMAS Shock Salary Schedule

    The Herald, 23 January 2014

    The top management at Premier Service Medical Aid Society (PSMAS) is gobbling at least US$1 million in basic monthly salaries at a time the State enterprise is reeling under a… Read more »

  • Zimbabwe:   Monster Salaries - Buck Should Stop Somewhere

    The Herald, 23 January 2014

    The revelation that a handful of PSMAS bosses are chewing up US$1 million in monthly salaries is the latest expose of what can and should be equated to institutionalised plunder in… Read more »

  • Zimbabwe:   No Licence for Indebted PSMAS

    The Herald, 22 January 2014

    The entire civil and uniformed services, and pensioners of these services, may go without medical aid as the Government has yet to renew the operating licence for Premier Service… Read more »

  • Zimbabwe:   Doctors Hike Medical Consultation Fees

    The Herald, 22 November 2013

    Doctors have increased medical consultation fees by more than 100 percent from US$20 to US$50, while specialists are now charging up to US$120 from US$60, threatening the existence… Read more »