- Believe it or not, there is a public servant who earns more than President Cyril Ramaphosa himself
- Philisiwe Mthethwa enjoys a cushy pay cheque for leading the National Empowerment Fund
- The Democratic Alliance has come out in firm opposition to the CEO's salary while the NEF battles to fulfil its function
Philisiwe Mthethwa is the CEO of the National Empowerment Fund and currently tops the chart as South Africa's highest-paid civil servant.
TimesLIVE reports that Mthethwa earns a combined salary of over R6 million per year, R2 million more than the President himself.
The Democratic Alliance has slammed the hefty wage, which includes a R2 million bonus, with Dean Macpherson revealing the entity has 'little money to do its work' while its leader enjoys her millions.
In a statement on the situation, the DA explained that the NEF was established in 1998 to provide funding for black entrepreneurs:
“While their initial work showed some success after being funded by government, repeated budget cuts have rendered the entity without funding, except to fund their overpaid executives at a combined total of more than R17 million."
This isn't the first time the opposition party objected to the NEF with the DA highlighting the belief that the Industrial Development Corporation could easily incorporate the entity.
The party wants the culture of splurging on political pay cheques to come to a swift end:
“The time for talking is over. We cannot spend money to fund the lifestyles of overpaid civil servants at the expense of entrepreneurs who are desperate to scale up their businesses and create jobs.”
Briefly.co.za reported that a KwaZulu-Natal MEC had recently come under fire for renting a luxury vehicle for R100 000 a month, accused of scamming the department into shelling out for a new ride instead of using the vehicle left behind by his predecessor.
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