Our data shows the average pay for South African CEOs at about a half or a third of the Bloomberg figures.— Laurence Grubb, MD at Khokhela Consulting
South Africa has the seventh best paid CEOs in the world, according to Bloomberg.
Only in the US, Switzerland, UK, Canada, Netherlands and Germany do CEOs earn more than they do in South Africa.
Considering pay-to-average-income there is no more lucrative place to be a CEO than in Africa’s most developed economy.
The Money Show’s Bruce Whitfield interviewed Laurence Grubb, MD at Khokhela Consulting.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
A good portion of our Top 40 companies are dual listed. Those CEOs may get paid [for example] in pounds.— Laurence Grubb, MD at Khokhela Consulting
The number Bloomberg uses for its pay-to-average-income-ratio includes our large unemployed population.— Laurence Grubb, MD at Khokhela Consulting
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
The richest 1% own more than the poorest 99% combined, says Oxfam. Mike Wills interviews Oxfam SA’s Ronald Wesso.
Nathan Kirsh and Nicky Oppenheimer are richer than Richard Branson and much richer than Queen Elizabeth II.
Gill Marcus calls it “one of the most important books of this century”. 5 thought leaders debate Thomas Piketty’s tour de force...
Use this calculator to compare your salary to the world average and averages of 72 countries (including South Africa).
Jesus said poverty will always be with us. He was right, because poverty is relative, says the Free Market Foundation’s Leon Louw.
South Africa is a country of breath-taking wealth and life stealing poverty, according to an Oxfam report on extreme inequality.
The payments in question were made between 2005 and 2008 while Fransman was Transport and Public Works MEC.
Universities under review who wish to continue offering an LLB degree have to show they are going to improve standards says CHE.
DA leader Mmusi Maimane says he is disappointed in Helen Zille over her tweet on colonialism.
Will Isidingo lose viewership over it's episode tackling racism?
Tru-Cape's varietal expert, Buks Nel unpacks the history of the oldest apple tree located on Table Mountain.
Ndileka Mandela says it's a blatant "No" when asked if she will be voting for the ANC in the next elections.
A new lifestyle market is set to open in Sea Point, offering a variety of food, art, fashion and entertainment seven days a week.