SA Executive Pay Explosion: CFOs’ Salaries Spike 19% While CEOs Rise 8%
South African CFOs saw median pay jump 19% to R12.6 million in 2025, outpacing CEOs, whose pay rose 8% to R21.3 million, according to PwC. The increases reflect bigger base salaries and higher bonuses. Boards are tying more pay to performance, mirroring UK and US trends. Nearly 92% of JSE Top-200 shareholders approved executive pay policies, but new transparency rules are pending.