Gigaba roasts high CEO salaries

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Finance Minister Malusi Gigaba.(Photo: AFP)
Finance Minister Malusi Gigaba.(Photo: AFP)

Finance Minister Malusi Gigaba on Friday advocated more “realistic” incentives for the executives of state-owned companies that are “sensitive to the expectations of the public”.

He was speaking at a meeting with Business Unity SA, which he attended with his deputy, Sfiso Buthelezi.

The meetings signal the normalisation of relations between organised business and Treasury after the removal of Pravin Gordhan as finance minister.

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