Cash-strapped Denel’s R1.5 million ‘sign-on’ bonus for CEO irks workers

DenelCity Press reports that employees at state-owned enterprise Denel are unhappy with the R1.5 million “sign-on” bonus paid to CEO Danie du Toit.  He joined Denel on 14 January and the cash-strapped arms manufacturer paid the money to him as an incentive.  

Source: Latest News