What South Africa’s top companies make in profit for every R1 they pay their CEOs

📆 1/06/2024 10:22 a. m.
📰 BusinessTechSA

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South Africa’s top CEOs get paid millions in salaries each year – but that’s because they’re raking in the profits for shareholders.

CEOs of JSE-listed mining, banking, and luxury goods giants are some of the country’s biggest earners, earning tens of millions of rands in salaries each year.

This requires developing strategies for diversity, equity, and inclusion, while also managing operational challenges such as fluctuating exchange rates, skills shortages, and unreliable infrastructure. While incentives and bonuses are promised in different financial years, they are paid out in a given financial year and thus impact shareholders’ bottom lines in that year.

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