Towns
Mugabe accepts $4,000 a month
Publish Date: Apr 22, 2014
Mugabe accepts $4,000 a month
Zimbabwean President Robert Mugabe
  • mail
  • img
newvision


Zimbabwean President Robert Mugabe has said he gets by on a modest salary of $4,000 a month because of the "hard times" facing the country, state media reported Tuesday.


Zimbabwe is still recovering from years of economic collapse attributed mainly to government policies under Mugabe, who has run the country since independence in 1980.

"I am earning $4,000 (2,900 euros) just now, because of the hard times. This is what we decided on, that we should recognise the hard times at the moment," Mugabe said in a BBC interview at the weekend, according to excerpts published in state media.

The average wage in Zimbabwe is $300 a month, but unemployment runs at 80 percent and most of the population of 13 million live in poverty.

The report did not say how much the 90-year-old president, who favours designer suits and Rolex watches, might receive in allowances or what he earns outside government.

Mugabe has interests in farming among known business entities under his name.

The president built a plush private mansion on the outskirts of the capital Harare, reportedly worth more than $10 million.

Last month the veteran leader gave a $100,000 gift to his daughter and son-in-law at their wedding, which he hosted at his mansion with more than 4,000 guests.

Last month Zimbabwe announced a $6,000 salary cap for executives working for state-owned companies following reports that some of them were grossly overpaid.

The head of the public health insurance fund was a top earner, with a gross monthly salary of $535,499, while the Zimbabwe Broadcasting Corporation boss took home $37,050 a month.

The country in 2009 ditched the worthless Zimbabwe dollar currency in favour of the US dollar and a raft other regional currencies. AFP

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Who is responsible for birth of ghost pupils, schools?
During this year’s budget speech on June 12, finance minister Maria Kiwanuka proudly told the country that the number of pupils in primary school had hit 8.4 million against a target of 8.5 million....
Residents commit to fighting land grabbers
Locals in Amuru district vow to fight land grabbers who evict vulnerable people from their land illegally....
Inter-party youth forum turns rowdy
Drama ensued at Hotel Africana when NRM''s Robert Rutaro referred to other political parties as “mere puppies......
The works and transport minister Eng. James Byandala has accused the ‘mafia’ in government of masterminding a smear campaign to get him sacked from the Cabinet....
A mentally ill prisoner’s 23-year wait for justice
He was arrested and imprisoned for murder in 1991. However, the prisons warders noticed something odd about his behaviour....
Seven people die on the spot after two speeding buses collide collide Wabigalo in Nakasongola on the Gulu- Kampala highway....
Will strict traffic laws reduce road accidents?
Yes
No
Can't Say
follow us
subscribe to our news letter