Wednesday, May 15, 2024

Government dismisses its alleged 27% salary increment for the executive

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Government has dismissed allegations by United Party for National Development (UPND) leader Hakainde Hichilema that salaries for the executive were increased by 27 percent.

Secretary to the Treasury Fredson Yamba has maintained that recently announced new salaries for the executive were only increased by 10 percent and not 27 percent.

Mr. Yamba has told Qfm in an interview that if there any people who are not convinced that the salaries were not increased by this percent they are free to check the Statutory Instrument (SI) that the Minister of Finance Alexander Chikwanda signed on the said increment.

He says the SI on increased salaries for the executive can be accessed at the Government Printers in Lusaka.

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[QFM]

12 COMMENTS

  1. Samu ni Samu.
    Mathematics is till a problem. It only happens in Zambia.
    Please can we you give this simple proportion ratios to Grade seven and solve it for you people. It is independence day???????????? 49 years we can not do simple calculations

    • These dim wits where did they do their arithmetic? Even my 9 year old child can calculate and come up with 27% increment.

      10% salary increment + 17% special allowance increment = 27% pay increment for the president.

  2. (New salary+allowances) – (old salary+allowances) x 100 = ?%___________________________________________
    (old salary+allowances)

    • Fred Yamba (Dr) knows how to use a calculator. But like his brother in law (Sata) is a deception expert. Sata did not get a 27% increase (forget 10%). Because Sata is not taxed as I am at 35% (PAYE), he got a 77% (Seventy Seven) increase. Because he is shielded from the national inflation as he does not spend the cash (The State pays for AAAAALLLLL his expenses), his effective increase at the average cpi of say 7% is thus 83%.

      You can cheat some people some of the time, but can you cheat all the people of the time. It was donkey kubeba for once……no more malabishi ba step father.

  3. Ba yamba, give us the figures of salaries for your brother in marriage, sata.we shall calculate. It it not a shame that this is the third increment you brother in law is giving himself in 2 years?the first one was a 100% increment.. Increments for what, just hiding in state house, swearing in your family.?we shall sort you out in 3 years time,

  4. Fredson Yamba, it looks like you are using the same mathematical formula when you calculate inflation?
    Shame on you!
    Do you really think that your bunch of non elected mercenaries are so “smart” to the point to insult intelligence of millions of Zambians in covering up greed, insensibility and lies of your political masters?

  5. I am surprised that the salary of the executive is public debate. Is the parliament not supposed to do the debate?

  6. I don’t think HH is doing himself a favour by lying. I thought as an economist, he should have checked his figures with the Committee than are mostly opposition. If this is what the tongas have to offer, then mwabeja.

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