This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
Bloomberg reports that Shoprite Holdings doubled CEO Whitey Basson’s pay last fiscal year to R100.1 million, thanks to a bonus for beating a profit-growth target. His remuneration included R49.7 million in basic pay for the 12 months through June, in line with the previous year, and a R50 million one-time performance-related bonus. Trading profit growth of 15% beat an internal target of 11%.
- Read this report by Janice Kew in full at Moneyweb
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