Kennedy Bungane-led African Bank’s newly acquired unit faces $255-million lawsuit
In response, Sasfin expresses disappointment, pledging cooperation with Sars and commitment to tax compliance.
South African executive
Led by South Africa exec Roy Bagattini, Woolworths posts $107 million in half-year revenue
Despite the impressive revenue growth, Woolworths encountered supply chain disruptions that impacted sales during the 26-week period.
South African executive Lance Foxcroft pockets $1.2-million salary in 2023
Foxcroft’s 2023 compensation comprises a base salary of R4.08 million ($0.21 million), complemented by a performance-driven short-term incentive of R3.64 million ($0.19 million).
South African executive John Copelyn earns $1.2-million salary in 2023
Copelyn’s strategic leadership propels Hosken Consolidated Investments Limited (HCI) to a record-breaking 58.6-percent profit surge in 2023.
South African executive Michael Koursaris pockets $1-million salary in 2023
Koursaris started at AVI in 2002 as a business development analyst and rose to become a business development executive in January 2011.
South African executive Tim Jacobs takes home $1.3-million salary in 2023
The compensation package marks a notable 27.8 percent increase compared to the R19.92 million ($1.05 million) remuneration he received in the previous fiscal year.
South African executive Simon Crutchley pockets $2.8-million salary in 2023
In addition to his executive roles, Crutchley holds a 0.25-percent stake in AVI Limited.
South African executive Jannie Durand pockets $2.1-million salary from Remgro
Durand’s compensation comprises a base salary of R12.8 million ($0.67 million) and a short-term incentive of R0.44 million ($0.023 million).
South African executive Niall Lynch earns $1-million salary in 2023
Lynch’s 2023 compensation package reflects a 53.69-percent increase compared to the previous year’s total reward of R11.81 million ($0.62 million).
South African executive Ian David Vorster pockets $1-million salary in 2023
Vorster’s 2023 compensation comprises a base salary of R4.20 million ($0.22 million) and a performance-based short-term incentive of R4.50 million ($0.24 million).
South African executive Vuyo Kahla earns $1.5-million salary in 2023
Kahla’s 2023 compensation comprised a base salary of R7.76 million ($0.41 million), a performance-based short-term incentive of R4.24 million ($0.22 million).
South African executive Ockert Janse van Rensburg pockets $2.3-million salary
This reflects a significant 60.95-percent increase from the previous year’s $1.43 million, emphasizing van Rensburg’s crucial role in driving Motus’ financial success.
South African executive Steven Brown pockets $1.3 million from Fortress in 2023
In recognition of Brown’s unwavering dedication and expertise, he also received a long-term incentive award of R1.01 million ($0.053 million).
South African executive Kerry Cassel earns $1.6-million salary in 2023
Cassel joined Motus in 2002 after serving as an audit manager at Deloitte & Touche.
South African executive Jan Hofmeyr pockets $1 million from OUTsurance in 2023
Serving as the group’s CFO since 2008, Hofmeyr experienced a notable 62.19-percent increase in remuneration compared to the previous year’s R11.09 million ($0.59 million).
South African executive Seelan Gobalsamy pockets $4.9-million salary in 2023
In 2023, Gobalsamy’s compensation experienced a significant increase of 179.4 percent compared to the previous year, when it stood at $1.8 million.