Steinhoff scraps vote on extra pay for directors at AGM

2018-04-05 09:13

Chairperson Heather Sonn says Steinhoff does not want the proposal for once-off payments to detract from 'critical matters' to be considered at its upcoming Annual General Meeting.

Naspers investor Allan Gray to vote against executive pay policy

2017-08-22 06:01

Naspers shareholder Allan Gray plans to vote against the firm's remuneration policy because it isn’t aligned to the performance of the business outside a stake in Tencent.

JSE non-executive directors’ fees surge

2017-01-25 11:37

A report by PwC has highlighted that fees for board chairpersons have risen by 10% to R520 000 in 2016, compared to the previous year.

CEOs of JSE-listed firms rake in about R13m - report

2016-11-23 05:45

The average increase of CEOs' total pay climbed by 11% from R7.6m in 2009 to R13.3m in 2015, according to a new report.

290 years to earn what Shoprite boss got in one month

2016-10-05 09:37

It would take a worker in a Checkers deli about 290 years to earn what Shoprite CEO Whitey Basson was paid in a month in the past financial year.

How exorbitant exec pay stacks up against minimum wage demands

2016-07-15 17:24

Regulation of executive pay can help ease the huge discrepancies between minimum wage demands and excessive salary increases for executives, says an analyst.

Mark Bussin: The man who sets Jacob Zuma’s salary

2015-08-11 15:12

Mark Bussin talks about the other side of the pay debate, explaining why leaders like Jacob Zuma and most JSE-listed company CEOs deliver good value to stakeholders.

FTSE 100 executive earnings rise by a fifth

2014-10-13 09:44

Directors at London-listed blue-chip companies have earned 21% more in the 2013/14 financial year thanks to a steep rise in long-term incentives.

Samsung managers sacrifice 25% of bonuses

2014-07-18 14:35

Nearly 200 managers at Samsung Electronics have voluntarily returned 25% of their bonuses, as the firm is poised to post its worst quarterly profit in two years.

Media company CEOs coining it

2014-05-29 10:30

Media company CEOs are among the highest paid executives in the US, occupying six of the top ten earning spots, according to an Associated Press/Equilar study.


Apple CEO Cook pockets $102m after 74% bonus hike

2017-12-28 09:16

Apple CEO Tim Cook has received a 74% increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier.

BP boss could get 40% pay cut after shareholder revolt

2017-04-07 10:13

BP chief executive Bob Dudley could see his overall pay for 2016 cut by 40%, following a rebellion by shareholders last year over his remuneration.

CEOs in SA will earn your annual salary in 7 hours

2017-01-06 09:34

South Africa’s richest chief executive officers top an income gap study, which shows how quickly they will earn the annual salary of their average countrymen.

SA salaries: How much is enough? Monster pay in spotlight

2016-10-10 14:30

South Africans reckon R100m pay packet for Shoprite boss Whitey Basson is acceptable, but draw the line at a R33m bonus.

Do mining execs deserve pay? David Christianson – yes every cent.

2016-08-30 09:59

An analyst argues for executive pay, saying it’s a soft target and slashing the earnings of those tasked with managing the operations is not the answer to mining's woes.

Anglo shareholders revolt over executive pay

2016-04-22 11:42

Anglo American has survived a shareholder revolt on executive pay at the mining company’s annual general meeting.

SA CEOs take home R4.1m a year - excluding bonuses

2015-07-09 16:15

A report by PwC has found CEOs of JSE-listed companies were guaranteed to take home R4.1m, excluding bonuses and shares, in 2014.

World Bank finance chief declines bonus

2014-10-08 09:09

The World Bank finance chief says he will turn down the remainder of a $94 000 bonus amid staff discontent at budget and job cuts linked to a massive reorganisation.

NUM 'disgusted' by R200m loan for Tsogo execs

2014-07-18 08:48

The National Union of Mineworkers says it was not was necessary for Tsogo Sun to empower five rich individuals by awarding them a R200m loan.

UK warns banks about executive pay

2014-04-23 14:56

The British Business Secretary has warned banks and other major companies to rein in excessive executive pay or face tighter rules.

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