allAfrica's Esther Rose takes a look at salaries for CEOs and wonders if a line will ever be drawn on what they earn. There are some who earn over U.S.$71 million a year, while others, including presidents, earn far less. Media, pharmaceuticals and cellphone giants are but some areas of business where CEOs are coining it, literally. You may be mildly to wildly surprised by figures that may have us all wishing we could be CEOs when we grow up!
CEOs and Their Salaries of Millions - Is it Par for the Course?
allAfrica, 23 July 2019
A chief executive officer (CEO) is elected by the board of a company and its shareholders. He or she is the highest-ranking executive in a company, whose primary responsibilities… Read more »
Safaricom Names Interim CEO After Collymore's Death
Capital FM, 2 July 2019
Michael Joseph has been appointed interim Chief Executive Officer of Safaricom following Bob Collymore's death. Read more »
Naspers CEO Earns U.S.$12.8 Million In A Year (And More)
Naspers Group CEO Bob van Dijk received almost R1.9-billion in salary, incentives, and vested share options and shares appreciation rights in the year to March 2019, reports… Read more »
Top Public Officials Earn More Than the President
GroundUp, 27 March 2019
Top executives in at least 24 government-funded agencies were paid more than R3-million in the 2017/18 financial year - more than the salary allocated to Jacob Zuma in his final… Read more »
Old Mutual Reports Earnings Growth
The Herald, 14 March 2019
Old Mutual Plc posted an 8 percent growth in headline earnings for the year to December 31, 2018. Read more »
Old Mutual's former CEO Peter Moyo will not go quietly as he fights for reinstatement in the South Gauteng High Court. In papers, he is asking the court to declare board chairman ... Read more »
Africa's richest man, business mogul Aliko Dangote, has been ranked the 66th most powerful person in the world, according to Forbes Magazine. Dangote has an estimated net worth of ... Read more »
It may be too little, too late, but Steinhoff has launched legal proceedings against its former CEO Markus Jooste and CFO Ben la Grange to claw back salaries and bonuses paid to ... Read more »
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