Question NW809 to the Minister of Public Enterprises

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10 April 2024 - NW809

Profile picture: Essack, Mr F

Essack, Mr F to ask the Minister of Public Enterprises

What total amounts have been paid out in bonuses to the (a) Chief Executive Officer, (b) Chief Operations Officer and (c) Chief Financial Officer of (i) SA Airways, (ii) Eskom, (iii) Transnet, (iv) SA Forestry Company Limited, (v) Alexkor and (vi) Denel, respectively, since May 2019?

Reply:

ALEXKOR

According to the information from Alexkor:

(a) R189 202,87 paid to Mr. L Pitsoe in January 2022;

(b) The position of Chief Operations Office does not exist; and

(c) No bonus paid.

DENEL

According to the information from Denel:

Denel SOC Ltd has not paid out any bonuses to the Chief Executive Officer, Chief Operations Officer and the Chief Financial Officer since May 2019.

ESKOM

According to the information from Eskom:

(a) (b) (c)

No bonuses have been paid out to any of the abovementioned positions since May 2019.

SAFCOL

According to the information from Safcol:

The South African Forestry Company SOC Limited made the following payments since May 2019.

Bonuses Paid during the below FY’s (2019-2023)

Position

2019/20

2020/21

2021/22

2022/23

2023/24

a) Chief Executive Officer

0

0

0

173,359

0

b) Chief Operations Officer

0

0

0

159,032

0

c) Chief Financial Officer

0

0

0

146,376

0

Grand Total

0

0

0

478,767

0

SOUTH AFRICAN AIRWAYS

According to the information from SAA:

Since 2019, the following information should be noted with regards to South African Airways (SAA), bonus to CEO, COO and CFO since May 2019.

Year

Chief Executive Officer

Chief Operations Officer

Chief Financial Officer

2019

R nil

R nil

R nil

2020

R nil

R nil

R nil

2021

R nil

R nil

R nil

2022

R nil

R nil

R nil

2023

TRANSNET

According to the information from Transnet:

Transnet has not paid any incentive bonuses to either the Group Chief Executive or the Group Chief Financial Officer since May 2019

Remarks: Reply: Approved / Not approved/ Comments

Jacky Molisane PJ Gordhan, MP

Acting Director-General Minister

Date: Date:

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