Unions upset over executives’ huge pay packets
By Lelethu Mquqo
6 September 2011
The South African Transport and Allied Workers Union has strongly condemned the excessive salaries that executives at state-owned enterprises earn.
Satawu says 14-Transnet executives are raking in between 4 and 10 million Rands, at a time when workers are fighting to improve their current wages.
Satawu national spokesperson, Mamokgethi Molopyane says this is a slap in the face of the working class.
Cosatu meanwhile says South African workers will be even more determined to fight for a living wage after reading of the obscene levels of wealth and earnings of the bosses in a local newspaper.
It says they make those profits through the sweat and toil of the workers.
The trade union federation says the Sunday Times’ list of South Africa’s richest confirms that the world’s most unequal society is growing more unequal by the day.