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remunerationlatest news & developments
Sibanye-Stillwater released dire results on Tuesday, showing that the mining company had a R37.4 billion loss last year, after recording a R19 billion profit the year before. (Waldo Swiegers/Bloomberg via Getty Image)
EXECUTIVE

How executives’ salaries for listed companies are structured

These firms are not required to disclose wage gaps and there is no incentive for remuneration committees or consultants to push for lower executive salaries or to lessen the wage…

  • Anathi Madubela
6 min read
For years, local government has been plagued by instability, political infighting and allegations of cadre deployment, with many municipalities struggling to deliver basic services such as water, electricity, refuse removal and road maintenance.
COLLECTIVE AGREEMENT

Municipal employees to get a 3.5% increase after wage deal

The South African Local Government Association said a three-year wage deal had been agreed on the remuneration of municipal employees

  • Anathi Madubela
2 min read
Members of the Financial and Fiscal Commission (FFC) will not receive a pay increase this year, meaning their salaries will remain at 2019 levels, parliament has heard.
CYRIL RAMAPHOSA

No salary increases for finance commissioners, parliament hears

The recommendation for no pay hikes is based on South Africa’s financial position in general, as well as the effects of the Covid-19 pandemic

  • Anathi Madubela
2 min read