Robert Mugabe demands his pension in cash despite cash shortage in Zimbabwe

Robert Mugabe demands his pension in cash despite cash shortage in Zimbabwe

- Former Zimbabwean president Robert Mugabe wants his monthly pension pay out in cash

- Mugabe’s pension is estimated to be around R150 000 per month

- Zimbabwe still faces a critical hard currency shortage with little real money in circulation

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Zimbabwe’s former president Robert Mugabe has reportedly asked the government to pay his monthly pension in cash, this despite a near-crippling shortage of hard currency in the country.

Mugabe’s monthly pension is estimated to be around the R150 000 mark since he commuted R5.5 million from the government’s pension fund.

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Zimbabwe still faces near crippling shortages of hard currency with very little ‘real’ money in circulation. Those Zimbabweans lucky enough to earn an income make use electronic means to pay for goods and services, most supermarkets still can’t give change and usually offer sweets or other items as change.

Briefly.co.za gathered that Mugabe has refused to receive his pension like ordinary members of the government, which would force him to use a debit card or an application on his cell phone.

Public Service Commissioner Mariyawanda Nzuwa asked Zimbabwe’s Reserve Bank earlier this month to pay Mugabe’s pension in cash.

Mugabe’s bank account with the Commercial Bank of Zimbabwe reflects all funds and transactions in US dollars.

The former president is entitled to a pension which is equal to what he earned (less what he commuted) while in office or equal to the current president’s salary and perks.

Mugabe was reported to earn a salary of R250 000 prior to being ousted as leader. His wife Grace controversially received a salary of R30 000 per month despite having no official role in the government.

The government also paid for the upkeep, security and services to the Mugabe’s personal mansion in an affluent Harare suburb after Mugabe decided not to live in the official presidential residence.

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Source: Briefly.co.za

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