DA slams R400 million salaries of CEOs of failing state-owned entities

DA slams R400 million salaries of CEOs of failing state-owned entities

The Democratic Alliance (DA) has condemned what it describes as “exorbitant” executive salaries within South Africa’s state-owned enterprises (SOEs), calling for immediate reform and accountability in the wake of shocking new data revealing over R400 million spent annually on executive pay – despite ongoing bailouts, service delivery failures, and poor audit outcomes. According to parliamentary responses and publicly available remuneration data,…

DA rejects expropriation of property without compensation - CAJ News Africa

by DION HENRICK in Cape TownWestern Cape BureauCAPE TOWN, (CAJ News) – SOUTH African government of national unity (GNU) partners, the Democratic Alliance (DA) has vehemently rejected the ‘nil’ Expropriation of Property Without Compensation. The latest development is likely to further divide the GNU partners that includes the African National Congress (ANC), whose majority members of parliament (MPs) supported the new Act compelling the Expropria…

The Democratic Alliance slams sky-high executive salaries as South African state-owned enterprises drain public funds despite crumbling services - TDPel Media

In a country where power cuts, water shortages, and crumbling public transport have become part of daily life, you’d expect government-run entities to be tightening The post The Democratic Alliance slams sky-high executive salaries as South African state-owned enterprises drain public funds despite crumbling services appeared first on TDPel Media.