Senior municipal managers, those in charge of high ‘ranking’ areas, will indeed earn more than President Cyril Ramaphosa.
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What a shock, look here how much the municipal top management earn, and you are paying them:- The ‘Fat Cats’ of this country’s Municipalities
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This is the reason why SABC is bankrupt and taxpayers likely to pay more towards TV-licenses in future- Top 3 executives earn packages of more than R12m
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Minister of communication Nomvula Mokonyane revealed on Thursday that the total cost to company of the top three executives at the SABC was R12.1-million. The chief executive officer earns a remuneration package of R 5.1-million‚ the chief operations officer earns R4-million and the chief financial officer earns R3-million. These packages‚ however‚ were “significantly less than..
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SABC nearing bankruptcy yet executives pocket R45 million in paychecks
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In times of dire financial distress, the spotlight falls on the SABC’s exorbitant executive salaries. The South African Broadcasting Corporation (SABC) is struggling to stay afloat, yet executives are still being paid millions. Usually, when a company is struggling to make ends meet, salaries are often the first expenses closely examined and adjusted accordingly. But..
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