Outcry over big jump in earnings of six Cape Town Stadium board members

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Outcry over big jump in earnings of six Cape Town Stadium board members
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Opposition parties in the city council have raised concerns over the remuneration of six board members of the Cape Town Stadium.

Cape Town - Opposition parties in the city council have raised concerns over the remuneration of six board members of the Cape Town Stadium that has increased by almost 70%.

Peter-John Veldhuizen, who serves as the chairperson of the board along with Viola Manuel, Samkelo Blom, Martin van Staden, Limia Essop and Johan Dique earned R385 000 in total in the 2019 financial year. According to the stadium’s financial statements, John Veldhuizen earns R73 738, while Manuel earns R115 341 and Dique R45 395. Essop receives R44 549, Bloem R65 597 and Van Staden R40 380.

Cope’s Farouk Cassim said: “I wish I knew what they were doing. My big worry is that we are not getting anything in return for this. We are paying so much and we don’t seem to be breaking even. The City cannot justify this because they are managing an entity that’s making a loss. No one is saying they can’t have board members, but board members are measured on the service they provide.”

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