George Osborne’s family business raises directors’ pay by 30%

George Osborne’s family business upped pay for directors, who include the former chancellor, by 30% last year as profits were boosted by £700,000 in British and US government grants. Wallpaper maker Osborne & Little almost tripled profits to £1.5m as sales rose almost 20% to £29m in the year to the end of March 2022, … Read more

Eskom to pay R20bn for Koeberg’s long-term operation | The Citizen

A whopping R20 billion has been approved for the payment of costs to cover the work around extending the life of the Koeberg Nuclear Power Station in Cape Town. This was announced by Group Chief Operating Officer, Jan Oberholzer, during Eskom’s System Status and Outlook briefing on Tuesday. Koeberg is currently the only nuclear power … Read more

Most South Africans need about two thirds of salary to pay debts – report | The Citizen

Most income groups need about two thirds of their take home salary to pay their debts and with no meaningful increase in real income, the combination of rising interest rates and inflation is choking consumers who are borrowing more in an attempt to find breathing space. According to DebtBusters’ 2022 Debt Index for the third … Read more

Doctors across Canada eyeing changes to B.C. family physician pay with cautious optimism – National | Globalnews.ca

Health-care practitioners across Canada are closely watching a promised overhaul of British Columbia’s payment model for family doctors – changes that some say are a “step in the right direction” toward addressing a “crisis” in family medicine. The new system, announced earlier this week, moves away from the traditional ‘fee-for-service’ model of payment for family … Read more

New Twitter boss Elon Musk wants you to pay for your blue tick | The Citizen

Elon Musk, the world’s richest man wants more money and verified Twitter users may have to pay $20 (R365) per month, or lose Blue Tick verification status. The social media site’s new owner, whose profile now reads “Chief Twit”, paid $44 billion to buy the company and said the verification process on the platform, which … Read more

Harrods doubles MD’s pay to £2.3m despite collecting £6m in furlough support

Harrods more than doubled the pay of its managing director, Michael Ward, last year to £2.3m, even as the company collected almost £6m in government support under the furlough scheme. Ward, understood to be the highest-paid director at the upmarket department store in Knightsbridge, west London, increased his package from £1m the previous year after … Read more

Call for Treasury to tax the rich to pay for a Basic Income Grant | The Citizen

Over 150 members of civil society groups and unemployed people picketed at the Church Square in Pretoria on Tuesday. They are calling for the National Treasury to continue paying the R350 Social Relief of Distress (SRD) Grant and consider converting it to a basic income grant. The SRD grant was introduced in May 2020 and … Read more

Police Minister ordered to pay father R240,000 for unlawful arrest | The Citizen

An Eastern Cape trader has been awarded damages of R240 000 after he was accused of breaking lockdown rules and arrested while driving his sick son to a doctor, assaulted and detained by police for 40 hours. The man, who helped his father with running a dealership in Ntabankulu, had an essential services permit, which … Read more

High court orders ANC to pay DA’s costs in cadre deployment case | The Citizen

The Gauteng High Court in Johannesburg ordered the ANC to pay the Democratic Alliance’s (DA) costs in its challenge against the governing party’s cadre deployment policy. The high court on Wednesday morning heard the first leg of the DA’s application to force the ANC to release records of its cadre deployment committee from 2013, when … Read more