Meet the South African bosses who earn up to R685,000 a day

Remuneration reports from South Africa’s top 5 biggest mining companies revealed their CEOs’ massive salaries in 2023, with some earning triple that of the best-paid banking CEOs.

However, despite the encouraging numbers, the council added that the industry is facing major headwinds in South Africa. BusinesTech looked at the five biggest mining companies by market capitalisation listed on the Johannesburg Stock Exchange to see what their CEOs earned last year.It must be noted that some of these companies are multinational, meaning their remuneration figures were presented in dollars or pounds .

This figure includes base salary, short-term incentives, cash bonuses, benefits, and long-term incentive plans.

Source: News Formal (newsformal.com)

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