We want more money - KZN traditional leaders

2018-09-19 18:55

KwaZulu-Natal traditional leaders are not happy about the monthly "stipend" they receive from the government, saying that it's not enough for them to support their families.

These ultra-rich South African business people have seen a massive jump in their wealth – and one of them may surprise you

2018-08-03 08:03

The top 200 directors in SA collectively increased the value of their holdings by 63% since 2008 – in comparison the average South African adult’s wealth rose by only 29%.

Naspers: CEO Bob van Dijk’s total cash take for 2018 was R32m, not R1.6bn

2018-07-24 17:57

Naspers has denied that its CEO Bob van Dijk earned R1.6bn in the year ended 31 March 2018, saying that he has not cashed in vested share options.

Trump’s personal driver for 25 years sues for unpaid overtime

2018-07-10 06:01

Donald Trump’s personal driver for more than 25 years says the billionaire real estate developer didn’t pay him overtime and raised his salary only twice in 15 years.

Steinhoff may be claiming back executive bonuses worth R176 million from these three individuals

2018-05-10 17:09

Three executives could be on the hook: Markus Jooste, Ben la Grange, and Danie van der Merwe.

Standard Bank CEO Sim Tshabalala banked R48.5m pay in 2017

2018-05-04 06:06

Standard Bank’s CEO Sim Tshabalala banked a R48.5m pay cheque in 2017, the group's annual report shows.

'Sassa bank' Grindrod published financial statements – with all payments to its directors blanked out

2018-04-25 17:59

Last year, as controversy around the payment of social grants started to mount, the small bank started to take a new approach to disclosing executive pay: only on request.

How will the minimum wage affect your household?

2018-04-15 07:24

The national minimum wage has been delayed, but it could affect households in several ways once it comes into effect, writes Angelique Ruzicka.

Steinhoff just backed off from asking shareholders to pay directors up to R7.3 million each – so that those directors themselves can make the decision later

2018-04-05 08:52

Shareholders revolted at the suggestion that directors should get massive pay rises – so the directors yanked the proposal from an upcoming AGM to figure it out "at an appropriate time".

Top 10 JSE CEOs take home average R24.6m

2017-07-06 22:30

CEOs of the top 10 JSE-listed companies take home an average pay of R24.6m, a report by PricewaterhouseCoopers revealed.


Naspers: We have heard investor concerns over transparency, salaries

2018-08-24 19:31

Naspers has vowed to be transparent about its executives' earnings, the AGM heard on Friday.

Headhunted black executives are offered 10% more than white peers in SA – but the premium is shrinking

2018-08-01 14:02

Women of both races, however, receive larger remuneration packages than men when poached.

When money no longer serves as a motivator

2018-07-12 10:24

Cash has proven to be a short-term booster for employees. There are less expensive ways to show appreciation.

A tenth of Alexkor's expenditure went to directors - Gordhan

2018-07-04 13:42

Minister of Public Enterprises Pravin Gordhan has told Parliament that nearly 10% of Alexkor's R225m expenditure between 2012 and 2017 went towards paying directors.

Spur just won a R48 million tax battle – with implications for executive share schemes

2018-05-09 19:03

The money paid to a trust to put into a company to buy shares in the company the money came from.. is a business expense after all, the tax court ruled.

'We were maybe a little bit naive': Grindrod Bank has un-redacted its executive pay numbers

2018-04-26 16:25

Grindrod Bank says it was just trying to keep big banks from poaching its people.

A female engineer’s fight for equal pay at Google

2018-04-15 14:00

“I think I just didn’t want to believe that Google could be evil,” says Kelly Ellis who is heading a lawsuit against the tech behemoth over alleged gender pay discrimination.

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.

Women at Glencore oil trading unit earn 28% less than men

2018-03-23 10:27

Women working in oil trading at Glencore earn 28% less pay on average than men and receive bonuses that were 57% lower.

CEO pay debate heats up as Apple's Tim Cook takes home R7.3m a day

2017-06-30 12:38

A report has revealed that 25 of the leading S&P 500 CEOs took home about R21.5bn in 2016, with Apple CEO Tim Cook leading the pack with $145m (R1.9bn).

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