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PM TO CEOS: STOP PAYING YOURSELVES HEFTY SALARIES

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By EPN Reporter

MBABANE – Chief Executive Officers (CEOs) of State-Owned Enterprises (SEOs) should stop paying themselves hefty salaries, while their junior staff members get little pay.

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This was said by Prime Minister Russell Mmiso Dlamini today during his meeting with CEOs and chairpersons of the SEOs, which are also known as parastatals or public enterprises. The meeting took place at the auditorium of Eswatini Revenue Service (ERS) in Ezulwini. ERS is one of the SEOs.

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During the meeting, the PM expressed hope that upcoming salary reviews would close this gap and would not seek to increase salaries for executives. The premier described the parastatals as implementing organs of Government, and identified them as being critical to the development of Eswatini.

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He challenged Chairpersons and CEOs to ensure that SOEs delivered on their legislated mandate and should refuse to drift away from their intended purpose. The PM reminded them that Government set-up these SOEs to achieve optimal efficiencies in the delivery of national services in terms of speed, cost effectiveness and professional approach for the benefit of all Emaswati.

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He said SOEs had an important role to play in responding to the concerns of Emaswati raised at Sibaya, including calls for improved service delivery, support of business startups for the country’s youth, job creation and many more. He also urged Chairpersons and CEOs to align their organisations’ strategies to these submissions.

“I also asked these leaders to be innovative, collaborate among themselves and find ways to sustain their organisations, beyond Government’s subvention,” he said.