New ZIFA President Set to Pocket US$50,000 Annual Bonus
As the ZIFA elections near, the substantial sum that the incoming president is set to earn has been revealed.
The new ZIFA president will reportedly be entitled to an annual US$50,000 tax-free bonus from the Confederation of African Football (CAF) as compensation for their role in leading the national football association.
Breakdown of the Bonus: US$4,166 Per Month
According to H-Metro, the US$50,000 annual bonus equates to approximately US$4,166 a month, providing a significant financial incentive for those vying for the position.
The publication further revealed that this increase, announced in October 2024, represents a substantial jump from the previous annual payment of US$20,000.
CAF’s Rationale Behind the Payment Increase
CAF president Patrice Motsepe highlighted that while the increase is notable, the payment is still “insignificant” for some national association leaders.
He explained that many association presidents are often forced to run operations with limited financial resources.
“Some of your presidents have no resources, they’ve got nothing, and they’ve got to run the member associations out of their pockets,” Motsepe remarked.
Candidates for ZIFA Presidency
As the elections set for January 25 draw closer, ZIFA is set to announce the final list of candidates vying for the presidential position. As of now, six candidates are competing for the role:
- Marshall Gore
- Philemon Machana
- Nqobile Magwizi
- Martin Kweza
- Twine Phiri
- Makwinje Phiri
The final list of candidates and the voting members of the ZIFA Council will be confirmed tomorrow.
Also Read: Walter Magaya, Benjani Mwaruwari And Temba Mliswa Eliminated From The ZIFA Presidential Race
Social Media Reacts
The significant amount set to be pocketed by the new ZIFA president has sparked a buzz on social media. Many netizens argued that the sum is substantial and suggested that it explains why numerous candidates are vying for the position and challenging their disqualification in court.
Here are some of the reactions;
@Alvin Mutisi;
At least ndeye CAF not Zim tax peyaz. We dondi keya. Zim football is a circus.
@Baba Thandeka
Pakuzobatiranwa mushonga manje….vamwe vachaita ma tsaona asinganzwisisike
@Dumisani Masilela;
This is the real reason why some people want to be zifa boss kkkkkkkk
@Ba Tavonga;
Thats why those papas were busy like headless chicken to the extend of faking certificates
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The post Here is How Much the New ZIFA President is Set to Pocket Annually appeared first on iHarare News.
