HARARE – Zimbabwe Broadcasting Holdings’ management has resolved to slash their hefty salaries by almost half in order to address the adverse inequalities between shopfloor workers and management salaries.
Supa Mandiwanzira, deputy minister of minister, Information and Broadcasting Services, told a news conference at Pockets Hills in Harare that he was shocked by the astronomical salaries earned by top management, including the suspended chief executive officer Happison Muchechetere at a time workers were not getting paid.
“The management itself has resolved to cut its salaries the executive by 40 percent, heads of departments 30 percent and managers by 20 percent,” Mandiwanzira said.
“It is quite shocking that for instance the CEO earns $27 000 plus, over and above that earns $3 000 in allowances for housing, $2 500 allowance, $3 000 for home entertainment, unlimited business entertainment allowance. The corporation must pay off his mortgage facility, must built a durawall (security wall), must built an entertainment section at his premises.”
Mandiwanzira also revealed that the ZBC boss was entitled to unlimited fuel per week, substantial amount for his domestic workers, unlimited air tickets to fly in the country with his immediate family among other shocking perks.
“And we think in the context of reducing the expenses of the corporation salaries must be cut and we are glad that management has already taken an initiative themselves to start cutting those salaries,” Mandiwanzira said.
“I must say that we are still where we were, ZBH has a lot of challenges and these challenges are urgent, they are reflected in the organisation’s failure to pay its workers for the past five or six months and the failure to meet some of its statutory obligations but we are as the ministry are delighted that we see some effort by management to try to put together a plan that will deal with some of these challenges,” Mandiwanzira told reporters.
“I mentioned that ZBC is unable to meet its salary obligations; they have an obligation of $2,4 million worth of salaries as well as other operational expenses (salaries are $1,6 million). The revenue they are getting is $275 000 per month on average. So it’s impossible to run a commercial institution under those circumstances. We are glad that management is attending to this seriously.”