HARARE (Reuters) - President Robert Mugabe's government has slashed pay and perks for managers of Zimbabwe's state-owned firms, in a bid to ease public anger over "fat cat" executive salaries, the country's finance minister said on Wednesday.
Finance Minister Patrick Chinamasa said Mugabe's cabinet on Tuesday agreed to cap the salary and perks for managers of government-owned entities and city council bosses at a total of $72,000 a year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!