WASHINGTON DC —
The Public Service Medical Aid Society (PSMAS) has appointed business executive Luxon Zembe as its new chairperson following the firing of former chair Meise Makeletso Namasasu following allegations of abuse of public funds by the former board.
The board is accused of awarding exorbitant salaries to its top management at the expense of ordinary members who were contributing to the society.
PSMAS former chief executive Cuthbert Dube was retired last week following revelations that he was earning a salary in excess of $230,000 monthly while the society was failing to pay its creditors.
Economic analyst Rejoice Ngwenya says the appointment of Zembe may bring normalcy to the society as he is a businessman with experience in turning around corporations but it remains to be seen if he can succeed in cleaning up the mess at PSMAS.