Billionaire car kings in South Africa earning R78,630 per day
- WeBuyCars' top executives, including Faan and Dirk van der Walt, earn R78,630 per day, including a 3.5% increase for Faan and a 3.5% raise for Dirk.
- The company's revenue increased by 13.1% to R26.4 billion, with a 15% increase in core headline earnings, and saw a 7.7% and 8.4% increase in buying and selling volumes of cars.
- The executives' high earnings have sparked criticism, with some accusing the company of prioritizing profits over the well-being of its employees and the broader community, and there is no indication of any plans to address these concerns.
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