DA says nearly half-a-billion-rand is spent on CEO salaries at 117 SOEs [SOUND]

# The DA says it is disturbed by the rampant executive spending in public entities, where senior managers continue to earn exorbitant salaries, despite underperformance, and repeated bailouts. The party’s, Leah Potgieter says, across 13 government departments responsible for 117 entities, more than 400-million-rand is spent annually on executive pay. She adds that this is often outside the bounds of the Department of Public Service and Administration salary guidelines: