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.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.
Start your Christmas shopping off with a bang at these major retailers offering some impressive discounted sales for Black Friday.
In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...
Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.