• Change of culture needed

    The right leadership will help SA shed its culture of violence, says Mandi Smallhorne.

  • 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

Loading...
See More

Sanral boss gets R1m salary bump - report

Sep 14 2013 11:05

(http://www.shutterstock.com)

Related Articles

Sanral appeal in toll tender succeeds

E-tolls delay chokes Sanral's ratings

Sanral knew people opposed e-tolls - DA

Sanral: Aarto won't be used for e-toll fines

Sanral to spend R85m on e-toll ads

Downgrade pains us, says Sanral

 
Johannesburg - SA National Roads Agency Limited (Sanral) CEO Nazir Alli's salary package has increased by R1.1m compared to the previous financial year, Beeld reported on Saturday.

According to the report, Alli presently received a total package of R3.061m and a bonus payment of R679 000.

In 2012, his total package was R1.919m excluding bonuses, according to Sanral's yearly statements published this week.

Sanral received an unqualified audit, however the auditor general warned that the group's situation needed to be watched.

The AG said because of a R5.7bn cash injection from government, Sanral was no longer a concern, Beeld reported.

Sanral's balance sheet indicated it had an accumulated loss of R4.7bn.

Sanral spokesperson Vusi Mona told the newspaper the company was not in trouble financially.

He said roads that were not tolled were financed by the Treasury and Sanral received about R10bn from government for them annually.

sanral  |  nazir alli

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
69 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Top 10 richest musicians of all time

Check out the gallery to find out who they are!

 
 

Luxury living

10 of the most expensive things that will leave your jaw hanging!
Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...