Boards back individuals who can make it happen.— Andrew Woodburn
Christo Wiese said that if he could find more Whitey Bassons he’d hire them all!— Bruce Whitfield, The Money Show
Shoprite doubled CEO Whitey Basson’s pay to R100.1 million due to a bonus for beating the targeted growth in profits.
Basson has been at the helm since 1979 when the retail behemoth had eight outlets (in 2014 there were 1855).
What do you need to do to earn R100 million?
What is it that makes Basson so valuable?
The Money Show’s Bruce Whitfield interviewed Andrew Woodburn, Executive Search Expert and Managing Director at Woodburn Mann.
Editors note: This headline has been amended to reflect that this is the view of executive recruitment specialist, Andrew Woodburn and not that of 702.
Scroll down for more quotes from the audio below.
It’s about remaining competitive at a world level.— Andrew Woodburn
This type of remuneration is built up over years. He’s been there for decades.— Andrew Woodburn
A remuneration committee will periodically negotiate the criteria that must be met.— Andrew Woodburn
The Money Show’s Bruce Whitfield interviewed Galileo Capital Personal Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield speaks to a woman whose father lost Krugerrands worth almost R1 million.
Abandoned as a baby; the young orphan knew his potential, so he founded a innovative carwash service to pay for his education.
The outlook for gold (and other precious metals), oil, coal and steel in 2017…
Ornico monitors and simplifies “big data” for 300 local advertisers, either directly or through their agencies.
How speech, hacking and blockchain will generate lots of news this year.
Hooters SA has introduced the ‘Order an Angel Shot’ initiative for female customers who are feeling unsafe during a date.
Political Analyst Dr Sethulego Matebesi says it is concerning that the President is publicly and boldly endorsing his ex-wife.
South Africans enjoy watching pornography, so much so that they've made it onto the top 20 countries with highest hits on Pornhub.
Dr Chris Smith explains why some people are more desirable than others to mosquitoes.
M&G's Pauli Van Wyk speaks about Public Protector's preliminary report implicating Absa, Reserve Bank, Treasury and Presidency.
Spokesperson for the National Consumer Commission says they believe consumers are exposed to potential risks in these vehicles.
Governor Lesetja Kganyago says South Africa asked international companies to print banknotes as part of risk management.
Property economist at FNB, John Loos, says the drop in house prices is due to slow pace in economic growth.
Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.