22 March 2018
Vicious Lacoste, G40 row rocks graft body
Mugabe’s NPF planning million-man march
ED amnesty: Gumbura, Kereke miss out
Govt threatens to block doctors’ salaries
Khupe against MDC reunion: Prof Ncube
Zanu PF legislator praises reviled POSA
Disband ZEC, let UN run elections: ZCTU
Govt protecting Zanu PF looters: MDC-T
Tobaccco sales to top 200m kgs: TIMB
44 African countries sign free trade pact
Jah Prayzah on Jah Cure collaboration
Zimbabwe's powerful music of struggle
Zambia beat Zimbabwe Warriors on penalties
Cricket: Zim sharp for virtual final
Mugabe spoke for the marginalised, but
Whither ED, how tactful art thou?
2018: of humour, fair analysis, healthy race
ZimDiaspora: Bum cleaners, runaway fathers?

MPs grill minerals board over $340,000 holiday loot

13/03/2018 00:00:00
by Business Reporter
Blamed for the payments ... Francis Gudyanga
Indigenisation law change cheers miner
SA mining firms see Zim wriggle room
Kwekwe gold mine seized by Zanu PF
Mining: Need for govt intervention
Mining Indaba: Govt in election assurance
Gold Mine records another fatal accident
UK miner names Zim country manager
Foreign investors for Harare mining indaba
Zimbabwe tries to lure back miners
Zimbabwe touts minerals to investors

PARLIAMENT’S Public Accounts Portfolio Committee this Monday demanded answers executives of a mines ministry parastatal over abuse of funds highlighted by the auditor general Mildred Chiri in her 2016 report.

At least nine Minerals Marketing Corporation of Zimbabwe (MMCZ) executives drew between $20,000 and $40,000 per annum in holiday allowances without providing relevant support papers.

Eddie Cross, Bulawayo South MP, queried the allowances awarded to senior management amounting to $340,000 without proper documentation.

He said; “I really want to come and work for you. $40,000 per annum holiday allowance?”

MMCZ acting general manager, Masimba Chandavengeswa, one of those who benefitted, told the committee that the decisions were made by three people who included former Mines ministry permanent secretary Francis Gudyanga, MMCZ Finance and Audit departments’ heads.

“We had this era where decisions were being made by three people,” said Chandavengeswa.

“The procedure is, if I want to access my benefit, I should write to the general manager; people would then look for quotations and submit to the general manager and it’s processed accordingly.

He added, “But in this particular case, management were told that everything now was being centralised within the finance and audit department because travel agencies were no longer interested.

“The reason being you would either travel or get cash equivalent, so no one ended up travelling after getting the quotations.

“After the centralisation, I did my letter without supporting documents and with no amount and they transfer the funds into my account.

“Everyone was made to understand that the documentation was done but it turned out as we were doing the disciplinary process, all the documentation was nowhere to be seen.”

The acting general manager said the anomalies were corrected immediately after the expose by the auditor general report in 2016.

The parliamentary committee also heard that the board of three would award themselves $316 per board meeting and a $700 monthly retainer fee.

“Some of the meetings were not even known by the (company) secretary,” Chandavengeswa said.

The committee also grilled the delegation over almost $280,000 awarded to employees in performance bonuses and on top the annual 13th cheque.


Chandavengerwa said the performance bonus was granted whenever the entity recorded a profit but will now be awarded in accordance to a so-called Result Based Management framework adopted by government.

Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it






Face Book



comments powered by Disqus
RSS NewsTicker