South Africa’s state-owned asset manager pays its average employee R1.7 million a year

South Africa's largest asset manager has less than 500 employees that oversee over R3 trillion in funds, which results in one of the best paid workforces in the country. View online Monday, 25 May 2026 Your daily update South Africa’s state-owned asset manager pays its average employee R1.7 million a year South Africa's largest asset manager has less than 500 employees that oversee over R3 trillion in funds, which results in one of the best paid workforces in the country. Boxer saves the day for Pick n Pay A standout performance from Boxer allowed Pick n Pay to report its profit before tax and capital items since 2023, despite its core segment's trading loss having widened. Quiet revolution at Johann Rupert’s golden child Johann Rupert’s Richemont has ended the era of wholesale-driven luxury retail, particularly in watchmaking, by aggressively shifting to a tightly controlled direct-to-consumer model, boosting profitability and desirability. Woolworths under siege Woolworths has received severe criticism over its impact on South African suppliers and alleged exclusivity agreements. Business and Technology News 10,000 young people to digitise South Africa’s Home Affairs records: Promises versus reality An extensive effort to digitise the Department of Home Affairs' civic services records has employed less than a third of the youth it aimed to enlist and is expected to take several years longer than planned. This is how much sugar is packed into South Africa’s favourite fizzy drinks This is a list of the top 40 soft drinks that contain the most sugar in South Africa Must read A single South African mine is worth more than Clicks and Dis-Chem combined Gold Fields' South Deep mine has a higher implied valuation than a collection of JSE-listed retailers. South Africa’s worst nightmare about BEE is here Black Economic Empowerment (BEE), introduced with noble intentions, is now in the hands of those who use it to advance their own interests at the expense of the country. Goodbye Cape Town – reverse semigration boom hits South Africa New data shows a growing reverse semigration trend in South Africa, with more people moving from the Western Cape back to Gauteng in search of better job opportunities, affordability and larger homes. South African court makes it more difficult for homeowners to evict unlawful occupiers A recent Western Cape High Court ruling has warned South African property owners that unlawful occupiers can gain legal protection under eviction laws if a property becomes their “home”, even after a lawful eviction order. Partner content How South Africa’s Fuel Price Hike From May 6 Is Reshaping the Forex Trading Landscape for ZAR Pairs South Africa’s May 6 fuel price hike has turned the rand into a more sensitive trade than usual. More stories

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