Intentar ORO - Gratis
Millions spent on KZN EDTEA boards
The Mercury
|September 23, 2025
THE DA has begun a process of assessing the remuneration terms and conditions of board members and Chief Executive Officers (CEOs) across KwaZulu-Natal’s (KZN) 12 Economic Development, Tourism and Environmental Affairs (EDTEA) entities.
-
The move comes after a recent parliamentary reply to questions by the DA exposed that during the 2024/25 financial year:
° A staggering R30 278 253 was spent on CEO remuneration, equating to an estimated annual income of R2.5 million per CEO,
@R 6 699 985 was spent on board chairpersons and;
@R 4 458 762 was spent on deputy chairpersons.
Esta historia es de la edición September 23, 2025 de The Mercury.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Mercury
The Mercury
Equites reports strong financial growth and growing South Africa development pipeline
EQUITES Property Fund reported a sturdy 3.6% rise in portfolio value in 2025 as it pivots to its SA assets in a market where the Middle East conflict is likely to boost already strong demand for state-of-the-art distribution and logistics centres.
2 mins
May 15, 2026
The Mercury
A guide to financial independence
FOR many South Africans, seeing their salary arrive in their bank accounts is accompanied by a sense of relief, even if only for a moment; there are funds to cover their home loan, school fees, car repayments, medical aid, and other insurance premiums while navigating the rising cost of groceries.
2 mins
May 15, 2026
The Mercury
Supreme Court of Appeal reduces rapist's life sentence to 15 years
A CONVICTED rapist who was serving a life sentence has received a lifeline from the Supreme Court of Appeal (SCA) after his sentence was reduced to 15 years.
2 mins
May 15, 2026
The Mercury
Farmers warn of mounting financial pressure as Grain SA pushes for urgent support measures
SOUTH Africa's grain producers are facing mounting financial strain as soaring input costs, weak commodity prices and growing debt pressures squeeze profitability across the agricultural sector.
2 mins
May 15, 2026
The Mercury
Crown is within Pirates' reach
THIS weekend, all eyes will be on Orlando Pirates, and for good reason, as they stand to end Mamelodi Sundowns’ Premiership dominance.
1 mins
May 15, 2026
The Mercury
Navigating a new international order
Trump-Xi meeting significance goes beyond bilateral negotiations
3 mins
May 15, 2026
The Mercury
Edwin Sodi, business partner ordered to pay back R40 million over failed prison project
CONTROVERSIAL fraud and corruption-accused businessman Edwin Sodi and his partner Jeophrey Ramahlaleroa must return nearly R40 million to Hollard Insurance following a botched R283m project to upgrade and build accommodation at a Free State prison.
2 mins
May 15, 2026
The Mercury
Dobson: We blew it last week, but must put it right against Cardiff
THE Stormers have made peace with the fact that they are unlikely to overtake Glasgow at the top of the United Rugby Championship as the competition enters its final round this weekend.
2 mins
May 15, 2026
The Mercury
A playbook for the 2026 local government elections
WHEN President Cyril Ramaphosa stood before an audience in Ekurhuleni on April 30 and announced that South Africa would go to the polls on November 4, he said something every political party should tattoo on its campaign wall: “The race has started, and people will do the best they can”
5 mins
May 15, 2026
The Mercury
EFF, MK Party walk out of Parliament to protest over Ramaphosa motion
THE parties organised under the Progressive Alliance banner, including the MK Party and EFF, yesterday walked out of the sitting of the National Assembly when Speaker Thoko Didiza refused their request to debate the motion of no confidence against President Cyril Ramaphosa.
3 mins
May 15, 2026
Listen
Translate
Change font size