Articles tagged 'premier service medical aid society'

Psmas board grilled at AGM 28 June 2017 HARARE - Premier Service Medical Aid Society (Psmas) board members faced two hours of angry questioning at the annual general meeting (AGM) yesterday, as they were forced to defend the company against accusations of astronomical compensation for top management. The board for Psmas — Zimbabwe's...
Cuthbert Dube's home seized over debt 23 June 2017 HARARE - African Banking Corporation is  foreclosing former Premier Service Medical Aid Society (Psmas) chief executive officer Cuthbert Dube's four-bed roomed home, seized after failing to settle bad debt. This comes amid a surge in foreclosures representing a new wave of distressed property ...
Psmas debt not priority: Minister 19 May 2017 HARARE - Government will not be settling the $150 million-plus Premier Service Medical Aid Society (Psmas) debt any time soon because it has other competing commitments, Public Service minister Prisca Mupfumira has said. She was responding to Gutu South Zanu PF MP Paul Chimedza who had asked w...
Civil servants against health insurance scheme 17 October 2016 HARARE - Civil servants say government should shelve its plans to introduce the National Health Insurance Scheme since it is struggling to meet its obligations at the Premier Service Medical Aid Society (Psmas). In an interview with the Daily News recently, Apex council spokesperson George Mus...
Mhlanga appointed Psmas manager 15 June 2014 HARARE - Premier Service Medical Aid Society (Psmas) acting chairperson Gibson Mhlanga has formally been appointed the interim manager. Mhlanga, who is a principal director in the ministry of Health and Child Care, has been given one year to set the debt-ridden Psmas in order. He aims to ha...
Charamba must resign: Maridadi 6 March 2014 HARARE - President Robert Mugabe’s spokesperson, George Charamba, must resign over the Salarygate scandal ostensibly because he benefited through hefty payouts in the Premier Service Medical Aid Society (Psmas) benefits saga. James Maridadi, an MDC MP, made the call during yesterday’s minister...
Perm secs booted from parastatal boards 6 March 2014 HARARE - Government has barred permanent secretaries from sitting on boards of State enterprises in the wake of the Salarygate scandal. This comes amid revelations by the Daily News that three government bureaucrats sat on the beleaguered  Premier Service Medical Aid Society (Psmas) main board...
Corruption hits Psmas business badly 20 February 2014 HARARE - Premier Service Medical Aid Society (Psmas) is staggering under the weight of its corruption scandal, with the medical insurer  beginning to lose business, Daily News has learnt. The latest crisis tests not so much Psmas — whose vainglory appears impervious to events — but the strengt...
Zinef to challenge gag order in Con-Court 13 February 2014 HARARE - Zimbabwe National Editors’ Forum (Zinef) is prepared to challenge the gagging of the media in the Constitutional Court so as to protect the Fourth Estate and general public’s interests. This comes after former Premier Service Medical Aid Society (Psmas) chief executive officer, Cuthbe...
Dube gags media 11 February 2014 HARARE - Cuthbert Dube, the ex-Premier Service Medical Aid Society (Psmas) chief executive, has sought to gag the media from reporting on his unceremonious exit, citing a variety of reasons and procedural flaws. In a surprise warning late yesterday afternoon, the Zimbabwe Football Association ...
Psmas board grabs $1m in allowances 7 February 2014 HARARE - Troubled Premier Service Medical Aid Society (Psmas)'s board members raked in a staggering $1 million in allowances for 2013 alone, as fresh details of the alleged plunder at the institution emerge. The members, among them incoming chairman Luxon Zembe and  presidential affairs spokes...
Salaries probe must go deeper 5 February 2014 HARARE - If you wake up in the middle of the night and look at yourself in the mirror, are you happy with who looks back at you? Or are you ashamed? Much has been said and written about the enormous salaries CEOs have been paying themselves and we have to wonder what they see when they look...
Mugabe aide named in Psmas looting 5 February 2014 HARARE - Presidential spokesman George Charamba has been sucked into the Premier Service Medical Aid Society (Psmas) benefits saga amid revelations that he sat on the beleaguered medical funder's main board and a committee, which approved Cuthbert Dube's mega perks. This comes amid revelations...
Psmas goes after Dube 5 February 2014 HARARE - Premier Service Medical Aid Society (Psmas) says it will be going after some assets including a house held by its former chief executive Cuthbert Dube. Newly appointed chairman Luxon Zembe said the company had already repossessed an executive Mercedes Benz from its former chairperson,...
Psmas board lacks legitimacy 4 February 2014 HARARE - Whenever a State institution triggers public outrage, it is important for government to institute effective remedial action. Failure to do so will erode public confidence in the institution, let alone the government itself. Now, we are all aware of the public outrage occasioned by ...
Dube still in office 2 February 2014 HARARE - Cuthbert Dube, the retired Premier Service Medical Aid Society (Psmas) chief executive officer (CEO) is still in office despite being fired by the medical society’s board, the Daily News has learnt. The Psmas board on Thursday reportedly convened a special meeting to try and come up w...
'Fire entire Psmas board' 31 January 2014 HARARE - Legislators have demanded that the entire Premier Service Medical Aid Society (Psmas) board members be booted out to restore confidence amongst subscribers. David Parirenyatwa, the Heath minister, was on Wednesday taken to task by legislators on why the entire board was not sacked. ...
Dube could pocket $20m 29 January 2014 HARARE - Retired Premier Service Medical Aid Society (Psmas) chief executive Cuthbert Dube could walk away with nearly $20 million following his forced exit from the cash-strapped organisation. Normal human resources practice dictates that terminal benefits should be calculated at between thre...
Psmas' Dube fired 28 January 2014 HARARE - Premier Service Medical Aid Society (Psmas) chief executive Cuthbert Dube has been fired over revelations  he has been receiving outrageously high salaries. But  the Psmas board yesterday chose to be diplomatic saying he had been “retired.” The board also relieved chairperson Meisi...