Top platinum miner under fire after CEO was paid R304.1 million in two years

Northam Platinum's board faces scrutiny over its CEO's massive remuneration package, which saw the executive earn a staggering R304.1 million over two years. This payout has sparked significant shareholder opposition, with dissent ranging from 10% to 67% over the past decade, outpacing bigger rivals. Major US investors have vowed to vote against the remuneration approach, described as "overly generous", as the company prepares for its next AGM, where board directors must address shareholder concerns.