Govt acts on hefty salaries for bosses in State enterprises

14 Dec, 2014 - 00:12 0 Views

The Sunday Mail

Government has begun implementing a remuneration framework for bosses in State enterprises as it moves to restore sanity in public companies where managers have been awarding themselves hefty salaries while service delivery and production fall.

Early this year, Government cracked the whip on public sector bosses who were earning outrageous salaries from cash-strapped businesses.

According to a progress report on implementation of the country’s economic blueprint, Zim-Asset, the remuneration framework for parastatal bosses was “crafted and is being implemented through the Office of the President and Cabinet”.

The report states that Treasury is undertaking audits to ensure the country gets value from its resources.

Government has also maintained a freeze on recruitment of civil servants except for critical posts in the health and education sectors.

The report further says new State procurement procedures are being finalised.

In August Finance Minister Patrick Chinamasa said the country’s procurement system was the haven of corruption hence the need to clean it up.

“Government is proceeding with the reform of State Procurement Procedures,” reads the report in part.

On agriculture, the report said “Work is underway to ensure that 99-year leases become bankable to enable farmers to borrow and increase agricultural productivity on the farms.”

The reports highlights that the low agriculture output for the previous two seasons for such produce as soya beans and cotton has affected related value addition services since industry was not getting adequate feedstock for increased capacity utilisation.

In order to maintain strategic grain reserves, a total 250 tin silos are currently being constructed under the Effective Grain Storage Project, while Government has signed a US$98 million loan facility with Brazil for the provision of irrigation and mechanisation equipment.

The report states that in the mining sector there was a review of “mining royalty rates so that they are competitive and in line with regional trends”.

Funds have also been secured from the African Development Bank to print geological bulletins and mineral resources maps by the end of this month.

The report highlights considerable gains from the implementation of Zim-Asset in different clusters, but illegal economic sanctions on Zimbabwe by the European Union and the United States were hindering the accelerated achievement of the goals.

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