Johannesburg – the best paid executive in south africa again is whitey basson of shoprite this emerges from the latest moneyweb survey of executive remuneration in the top 20 sa-domiciled companies shoprite ranked only 15 th by market cap but basson won the pay stakes by the proverbial mile his total package came to r6276m. Often times the motivation to manipulate earnings is to meet financial analysts’ earnings estimates, increase the value of stock options, or maximize bonuses that are based on earnings levels the following briefly describes how each case meets the teaching goals of the module. Whitey basson when ceos call themselves activists and activists become ceos south african retailer shoprite reported a 55,1% rise in half-year headline earnings per share, as an emerging.
Whitey basson cultivated his own talent by investing his good education and remarkable people skills into building the business and making it the most successful one today kant would therefore accept the earnings for whitey has not stolen from anyone or broken any rules.
Love him or hate him, whitey basson has turned shoprite into the darling of retail sasha planting spoke to the man who runs shoprite with an iron fist, and delves into his business philosophy and the secrets of his success in public, shoprite ceo whitey basson loves to play the joker, poking fun at himself, his chairman and rivals.
The udf aligned lecturers and intellectuals have conscientised the students and have put things in perspective that their demands are reasonable given the level of exploitation of the past and still occurring today, eg basson's salary obviously the money checkers has to give whitey was gained on the backs of the more than 130,000 workers. The sunday times rich list - of wealth ownership and earnings - confirms that the world’s most unequal society is growing more unequal by the day top earner in 2010 was shoprite ceo whitey basson, who took home the highest-ever monthly earnings ever recorded in a single year – an unbelievable r62753 million in salary, perks and share options.
Johannesburg - shoprite holdings doubled chief executive officer whitey basson’s pay last fiscal year to r1001m, thanks to a bonus from africa’s largest food retailer for beating a profit-growth target.
On the basis of your analysis, answer the following questions: what would kant probably have said about whitey basson (or you) earning zar 620,000,00000 (you might want to do a bit of research into the nature of whitey basson’s 2010 earnings.
The 10 highest paid ceos in south africa south africa is the 5th country in the world with the biggest pay gap, where the ceos are paid averagely 140 times more than the average salary of their employees. (bloomberg) — shoprite holdings ltd doubled chief executive officer whitey basson’s pay last fiscal year to r1001 million ($74 million), thanks to a bonus from africa’s largest food retailer for beating a profit-growth target.