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Eskom CEO’s guaranteed pay package increased by 180% while it sold 20% less electricity

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Thursday, 3 September 2026
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Eskom CEO’s guaranteed pay package increased by 180% while it sold 20% less electricity
Eskom CEO Dan Marokane earns 180% more than the person in his position did 15 years ago, despite the utility selling 20% less power than it did compared to then.
Fast-food chain started in 2018 taking on Nando’s and Steers in South Africa
Between rising beef prices and tight household budgets, more South Africans are turning towards affordable chicken brands such as Pedros.
8 million South Africans live in homes worth R3 trillion that do not belong to them
Eight million South Africans live on properties without title deeds, leaving R3 trillion in property value locked out of the economy.
South African father and son created a unique product set to be sold across the world
Gordon and Dawid Bredenkamp are taking Damsak Reservoirs global, with plans to sell inflatable reservoirs up to 500,000 litres across the Middle East and Asia.
Business and Technology News
Man who went from a small village with no electricity and water to earning R117,500 a day in South Africa
Simon Baloyi went from a rural village without running water or electricity to earning R42.9 million a year as the CEO of Sasol. 
Personal information of millions of South Africans exposed in 8,000 data breaches
The Information Regulator of South Africa said that it had recorded over 8,000 security breaches in the country since its inception.
The government pays R400 for a product which costs R50
Ian Cameron, Chairperson of Parliament's Portfolio Committee on Police, revealed that the government pays R400 for a rape kit that costs R50.
Must read
Top South African clothing retailer shut down 85 stores in seven months
The Foschini Group closed 85 stores in the first half of its 2027 financial year, with plans to close 180 more stores over the next two years.
Sasol CEO warns South African airlines are playing a dangerous game with fuel
South African jet-fuel suppliers need to keep higher stock levels in the event of production outages, such as the one that occurred at Sasol’s Natref refinery last week and prompted airlines to make backup plans, CEO Simon Baloyi said.
Goodbye Cape Town – Wealthy buyers are flocking to another South African coastal province
KwaZulu-Natal is emerging as an alternative to Cape Town for wealthy South Africans seeking luxury coastal property, with high-end estates offering comparable lifestyles at more attractive prices.
The woman who went from selling chillies and mopane worms on a street corner to running Standard Bank’s R58 billion personal banking giant
Standard Bank Personal and Private Banking CEO Funeka Montjane once made money by selling chillies and mopane worms on a street corner.
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