FIC scraps CEO position
Chakalisa Dube | Wednesday October 26, 2016 18:00
Early this year, reports emerged that the FCC has halted the appointment of the CEO in order to review the salary and allowances for the latter. The plan by the FCC was to have appointed the CEO early this year.
Mmegi has since learnt that the position of CEO has now been reviewed and instead a coordinator will head the operations.
“The board felt that the position of CEO would have been way above most of the senior positions in the FCC which also make up the majority of the company board, hence it would not have been appropriate for the CEO to report to his juniors,” FCC spokesperson Joseph Wasubera said.
Wasubera added that the coordinator’s salary would be patched at D-1 government scale. Infact, the city council recently advertised the position of coordinator and will soon shortlist candidates for interviews according to Wasubera.
Initially, media reports patched the CEO’s monthly salary at P80,000 minus allowances.
The FIC board which is made up of councillors who are council committee chairpersons, the city clerk, mayor and the district commissioner later decided that the salary of the CEO was excessive especially that the FCC did not have money to set up the FIC.
The CEO was to be tasked with deriving strategies to source money to run the company.
Wasubera said that roles of the coordinator would remain the same with those that were initially supposed to be performed by the CEO. The main role of the coordinator will be to turn Francistown into an investment area of choice as part of the council’s vision 2022.
The vision’s aim is to transform Francistown into an economic hub in the northern part of the country.
It remains to be seen when the FIC will take off because civic leaders have decried that delay in starting the company operations may result in failure of the vision 2022.
FIC was established more than three years under the then mayor James Kgalajwe.