Massive bonuses for PETRO SA bosses

Die Vryburger

Massive bonuses for PETRO SA bosses
Massive bonuses for PETRO SA bosses - Image credit - Die Vryburger

According to reports, the 11 senior executive base of Petro SA jointly received bonuses amounting to R17 million.

Despite the fact that the entity had reported more than an R14 billion loss in the last financial year.

It is in contrast to what the staff at Petro SA receive and who were informed that they would not receive bonuses for the second consecutive year.

Over the last three years, severance packages have been offered in an attempt to cut operating costs.

Thabo Mabaso – Petro SA would not comment on the matter.

Read the original article in Afrikaans at Die Vryburger

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