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.
Sumitra Nydoo (on The Money Show) interviews KFC franchisee Kuben Naidoo.
My Broadband's Jan Vermeulen explains that as fast as the service providers block the numbers, new ones crop up.
Leaked emails show that Mngxitama was instructed to question the funding of online publication, BizNews in order to silence it.
Eusebius McKaiser invited listeners to express their opinions over the controversial tweet that compared black babies with dogs.
Eusebius McKaiser shares his thoughts on the controversial 702 tweet posted during Walk the Talk on Sunday.
According to EWN's Barry Bateman, no action has been taken as yet with regards to these claims against the cigarette giant.