CEO David Constable didn’t actually get a 68% salary increase – Sasol

The hefty increase in the salary of Sasol’s chief executive David Constable has elicited considerable comment. Including an outspoken piece by Johann Redelinghuys, doyen of SA’s Executive Search profession. We interviewed Redelinghuys on CNBC Africa’s Power Lunch today – click here to read the transcript of our discussion, and the article which has stirred the … Read more

UPDATED WITH INTERVIEW: SA’s top “headhunter”: Remco erred by lifting Sasol CEO David Constable’s pay 68% to R53m a year

Sasol’s Remuneration Committee must have considered the potential fallout before adding two thirds more to the already weighty pay packet of its imported CEO. But the Remuneration Committee of HG Dijkgraaf (chairman), Jurgen Schrempp, PJ Robertson, Hixonia Nyasulu and Imogen Mkhize were poorly advised on how to respond. Agreeing to a 68% salary hike for … Read more

Exploring the internet as a business: from whacky to wonderful ideas

Small business expert Irvine Green encourages budding entrepreneurs to have what he calls ‘ideas veld fires’. This entails letting your imagination run wild as you think about money-making opportunities and only discarding options when you have thought them all through carefully. Sometimes ideas that seem silly on the surface turn out to be highly lucrative. … Read more

SA’s ultimate “lock up and go” – bids start at R100m

The seriously rich love penthouses. One Russian billionaire loves them so much he recently set a world record when forking out over R3bn for a penthouse in Monaco. Price-wise that makes South Africa’s best offerings appear positively puny. Stephen Pellerade works and lives in the rarified atmosphere of the super wealthy, building and selling properties … Read more

Time to buy Anglogold Ashanti – A Doubting Thomas changes his mind

Cape-based financial advisor David Melvill keeps his friends and associates well informed. He often drops me a line about his latest thinking – usually supporting a bullish view on gold shares. His latest article deserves to be shared. Drawn from research compiled by Trinity Asset Management’s Quinton George, it focuses on the attractions of the … Read more

Why business education doesn’t make the grade – strategic thinking expert

Good grades aren’t necessarily the best indicator of a great business brain. We tend to have a formulaic approach to our studies, which in turn means we aren’t sharpening our minds like we should be, says strategic thinker and executive coach Dale Williams. He argues the case for being less focused on the end result … Read more

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