South African CEOs are 7th best paid in the world (best pay-to-average-income)

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

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Article brought to us by Old Mutual.


This article first appeared on CapeTalk : South African CEOs are 7th best paid in the world (best pay-to-average-income)


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