One South African CEO making R272,000 a day, and Trump sells access to his tweets
- The South African CEO making R272,000 a day is MTN CEO Ralph Mupita, who received a total remuneration of R99.313 million for the 2025 financial year.
- The South African rand weakened against the US dollar on Monday and Tuesday, trading 0.1% lower on Tuesday morning, while US markets ended lower on Friday due to fading expectations of the Strait of Hormuz reopening and rising oil prices.
- The high earnings of MTN CEO Ralph Mupita have sparked controversy, while City Power has warned of potential overload of transformers and other distribution equipment in Johannesburg due to a cold front and increased electricity usage.
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