Eskom: No performance bonuses - only 13th cheques

2020-01-07 10:20

Eskom has hit back at reports that it has paid out performance bonuses, but instead asserted it has made provision for 13th cheques as per employment contracts.

Tiso Blackstar Group served with strike notice over salaries, bonuses

2019-04-26 13:29

The Information Communication Technology Union has given media company Tiso Blackstar Group a 48-hour notice of its intention to strike over unresolved disputes relating to salaries and bonuses.

DA questions R3m in SARS bonuses to executive committee

2017-11-23 17:30

The DA claims the SA Revenue Service allegedly failed to comply with legislation by unlawfully paying out R3m in bonuses to members of its executive committee.

Brian Molefe the biggest winner of Eskom's bonus bill

2017-07-19 18:06

Cash-strapped Eskom’s bonus bill to staff members jumped from R2.1bn in 2016 to R4.2bn in 2017, with the highest windfall going to former CEO Brian Molefe.

Under-fire CEF to pay staff over R41m in bonuses

2016-11-11 10:54

The Central Energy Fund, which is responsible for overseeing PetroSA and the Strategic Fuel Fund, will pay more than R41m in bonuses to its staff this financial year.

Eskom facing court action over 'secret' information

2015-11-16 06:56

Eskom is facing legal action for refusing to share “secret” information pertaining the payment of bonuses to its top management for the 2014/15 financial year.

Molefe says any Eskom bonus in line with policy

2015-04-23 08:55

Acting Eskom CEO Brian Molefe would have to sign a permanent contract with Eskom to qualify for any future bonuses, which he says will follow company policies.

Zim shelves bonus payments for civil servants

2015-04-14 06:48

Zimbabwe will no longer be making bonus payments for its civil servants as the economy, hard hit by liquidity challenges, declines further.

Brown: Most parastatal CEOs didn't get bonuses

2015-01-04 20:15

Public Enterprises Minister Lynne Brown says most chief executives of key state-owned enterprises have not received performance bonuses.

Citigroup to compensate for bonus caps

2014-09-01 10:56

Citigroup has promised to pay senior staff in Europe twice their salaries in an attempt to compensate for rules that limit bonuses.


PIC having 'fruitful' talks with Mboweni over staff bonuses, MPs hear

2019-10-16 14:14

The PIC board is engaging with Treasury to develop a new remuneration policy for staff, members of Parliament heard.

Bigger bonuses coming for (almost) everyone on Wall Street

2018-11-13 07:33

Wall Street stock traders, money managers, commercial bankers, underwriters and even bean counters are poised for bigger year-end bonuses.

50% of Zim companies plan to pay bonuses - survey

2017-10-10 20:03

The current Zimbabwean bonus system, where companies pay bonuses because they are contractual, is likely to put more pressure on companies to reduce costs, say the authors of a new survey.

Bonus time: How you plan on spending it - and what you should do

2016-12-08 12:15

Many people aren't lucky enough to get a bonus. If you are of the fortunate few, it is always wise to be smart when spending your hard-earned cash.

Shoprite doubles Whitey Basson’s pay after bonus

2016-10-03 14:00

Shoprite has doubled chief executive officer Whitey Basson’s pay in the last fiscal year to R100.1m, thanks to a bonus for beating a profit-growth target, it has revealed.

Indebted municipal employees to have bonuses cut

2015-10-02 10:04

Msunduzi municipal employees who owe the city R4,4 million will have their annual bonuses slashed by up to 50% this year.

Bonus row exposes Zim rot

2015-04-20 12:10

The bonus row that has seen Zimbabwe's President Robert Mugabe give a dressing down to his minister of finance has all but exposed the government's dire situation.

No extra bonus pay for MTN staff

2015-03-17 10:11

The mobile network has poured cold water over staff hopes for bigger bonus pay this year.

London big wigs expecting bigger bonuses

2014-12-22 09:15

Senior workers in London's financial services sector are expecting on average a 21% rise in bonuses, despite pressure for payouts to be reined in, a survey shows.

Ex-Investec traders lose $10m bonus battle

2014-08-06 14:53

Two former Investec traders have lost a three-year battle over disputed bonuses in a case described as "fanciful" and "wholly incredible".

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