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Nov 15, 2024 | 
bizcommunity.com | Kwanele Ngogela |Mathieu Dasnois |Ann Crotty |Salome Teuteberg
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New legislation empowers shareholders to limit outrageous CEO remuneration. Wage inequality in top ten South African retailers. Graphic: The Outlier using data from Just ShareThe late Martin Wittenberg, an econometrics professor at the University of Cape Town, had a brilliant way of portraying inequality in South Africa. He used a graphic of people, with height representing income.
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Nov 14, 2024 | 
dailymaverick.co.za | Kwanele Ngogela |Mathieu Dasnois
GROUNDUP - OPED New legislation empowers shareholders to limit outrageous CEO remuneration. The late Martin Wittenberg, an econometrics professor at the University of Cape Town, had a brilliant way of portraying inequality in South Africa. He used a graphic of people, with height representing income. He cast himself as an “average” person, 1.8m tall, representing “average” income.
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Jul 29, 2024 | 
justshare.org.za | Kwanele Ngogela
The governing party losing its majority is the ultimate stress test for our democracy. The public discourse is dominated by commentators and free-market proponents who predictably warn against election outcomes and co-governing arrangements that might be unfavourable to the markets and detrimental to economic growth.
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Jul 28, 2024 | 
businesslive.co.za | Kwanele Ngogela
The governing party losing its majority is the ultimate stress test for our democracy. The public discourse is dominated by commentators and free-market proponents who predictably warn against election outcomes and co-governing arrangements that might be unfavourable to the markets and detrimental to economic growth.
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Jul 16, 2024 | 
businesslive.co.za | Kwanele Ngogela |Ayabulela Quzu
In 2023 in its 23rd annual report, the Commission for Employment Equity highlighted that though black people make up 92% of the national economically active population, they occupy only 32.2% of top management positions. Women occupy 26.5% of these, despite constituting 45% of the economically active population.
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Dec 12, 2023 | 
justshare.org.za | Kwanele Ngogela |Ayabulela Quzu
In 1998, the Truth & Reconciliation Commission (TRC) recommended steps the business sector should take to bridge the gaping chasm between the rich and poor. Volume 5 of the TRC’s report emphasised that “the huge and widening gap between the rich and poor is a disturbing legacy of the past, which has not been reduced by the democratic process. It is morally reprehensible, politically dangerous and economically unsound to allow this to continue.
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Dec 11, 2023 | 
businesslive.co.za | Kwanele Ngogela |Ayabulela Quzu
In 1998, the Truth & Reconciliation Commission (TRC) recommended steps the business sector should take to bridge the gaping chasm between the rich and poor. Volume 5 of the TRC’s report emphasised that “the huge and widening gap between the rich and poor is a disturbing legacy of the past, which has not been reduced by the democratic process. It is morally reprehensible, politically dangerous and economically unsound to allow this to continue.
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Oct 8, 2023 | 
news24.com | Kwanele Ngogela |Ayabulela Quzu
Opposition to pay gap disclosure echoes business' strident campaign against the JSE’s plan for remuneration disclosure back in 2002. There is no evidence the dire warnings were warranted, say Kwanele Ngogela & Ayabulela Quzu. For more financial news, go to the News24 Business front page. It has been just over 20 years since listed companies were first required to disclose the remuneration of their top executives, and 10 years since the introduction of non-binding advisory votes on remuneration.
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Oct 1, 2023 | 
businesslive.co.za | Emma Schuster |Kwanele Ngogela
In the discourse about SA’s just transition, companies, especially those with vested interests in the continuation of a fossil fuel-based economy, regularly argue that they are committed to taking climate action but that the transition needs to take account of the SA “context”; that it must be balanced against Africa’s development needs.
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Feb 9, 2023 | 
businesslive.co.za | Greer Blizzard |Kwanele Ngogela
Spar Group’s upcoming AGM will be closely watched by an unusually wide array of stakeholders. Those with financial exposure, like shareholders, employees, independent retailers and wholesalers, will want clarity on recent serious allegations — including of creative accounting and discrimination — as well as an indication that the board has a persuasive plan to address these concerning issues.
