BUSINESS NEWS

PSMAS, Govt in debt settlement talks

THE Premier Service Medical Aid Society (Psmas) has engaged the Ministry of Finance to discuss possible mechanisms on how government can settle its debt with the country's largest medical aid society ...

By Staff reporter | Published: 16 March 2018

BUSINESS NEWS

PSMAS turnaround on course

Zimbabwe's oldest healthcare funder, Premier Service Medical Aid Service (Psmas) says its turnaround strategy is now bearing fruit.The group’s managing director,  Tendai Kapunha said the health...

By Staff reporter | Published: 07 March 2018

BUSINESS NEWS

Dr Mugabe sues PSMAS

A PROMINENT Bulawayo doctor has taken Premier Services Medical Aid Society (PSMAS) to court for blocking him from treating patients on its medical aid.In papers before the court, Dr Augustine Mugabe a...

By Staff reporter | Published: 30 January 2018

BUSINESS NEWS

PSMAS in lifestyle programme drive

Zimbabwe's biggest healthcare funder by membership, Premier Service Medical Aid (PSMAS), has launched a lifestyle programme which it says will save the country up to $2 billion in health costs in the ...

By Staff reporter | Published: 31 August 2017

TRADE & INDUSTRY

PSMAS directors paid $602 000 last year

PREMIER Medical Aid Society (PSMAS) paid its directors a combined $602 000 last year, making its board better remunerated than listed heavyweights such as Delta Corporation, OK Zimbabwe and Innscor Af...

By Staff reporter | Published: 20 July 2017

BUSINESS NEWS

Slashed perks for bigwigs month end

All chief executives of State-linked firms and local authorities will earn Cabinet-prescribed packages of $6 000 and below this month. Government formally issued the directive through the relevant lin...

By Staff reporter | Published: 16 April 2014

BUSINESS NEWS

PSMAS in $40m tax evasion scandal

Rich pickings by former Premier Services Medical Aid Society group chief executive officer Dr Cuthbert Dube and other senior executives may not have been taxed since 2009, it has emerged.This past wee...

By Staff reporter | Published: 17 March 2014

BUSINESS NEWS

PSMAS licence renewed

Embattled Premier Service Medical Aid Society has finally been granted a licence to operate, but with conditions following the resignation of the society's board of directors last Friday. Although th...

By Staff reporter | Published: 25 February 2014

BUSINESS NEWS

Govt to appoint interim PSMAS boss

Government will appoint an interim manager to run the affairs of the Premier Service Medical Aid Society following the resignation of its board members on Friday last week. Addressing a press co...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

PSMAS board dissolved

The Premier Service Medical Aid Society board of directors on Friday dissolved itself with immediate effect. Chairperson Luxon Zembe; his deputy Newton Mhlanga; Advocate Moses Mtombeni; Secretary for ...

By Staff reporter | Published: 17 February 2014

BUSINESS NEWS

Zembe appointed PSMAS board chair

Medical insurer, Premier Service Medical Aid Society (PSMAS) has appointed renowned industrialist Luckson Zembe as its board chairperson.In a press statement Sunday, PSMAS said it was responding to de...

By Staff reporter | Published: 04 February 2014

BUSINESS NEWS

Cuthbert Dube grossed $6.4m per year

Premier Service Medical Aid Society group chief executive officer Cuthbert Dube earned half a million dollars every month, almost twice the $230 000 initially reported, when his generous allowances ar...

By Staff reporter | Published: 31 January 2014

BUSINESS NEWS

PSMAS fires Cuthbert Dube

Premier Service Medical Aid Society group CE Cuthbert Dube and the society's board chairperson Meisie Makeletso Namasasu have been booted out.The society has been in the news in recent days amid revel...

By Staff reporter | Published: 28 January 2014

BUSINESS NEWS

Salary cut for PSMAS bigwigs

THE Premier Service Medical Aid Society board has slashed the salaries of chief executive officer Mr Cuthbert Dube and senior management.Since September last year, Mr Dube had been taking home $230 00...

By Staff reporter | Published: 24 January 2014

BUSINESS NEWS

PSMAS shock salary schedule

The top management at Premier Service Medical Aid Society (PSMAS) is gobbling at least $1 million in basic monthly salaries at a time the State enterprise is reeling under a $38 million debt.As at Dec...

By Health Reporter | Published: 23 January 2014

INDUSTRIALS & ENERGY

PSMAS faces closure over debts

ALL public sector workers - including teachers, nurses, police officers and soldiers - may go without medical aid as the government has yet to renew the operating licence for Premier Service Medical A...

By Staff reporter | Published: 22 January 2014
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