LETTER: NEF’s Philisiwe Mthethwa not the highest-paid official
17 November 2019 - 17:35
The board of trustees of the National Empowerment Fund (NEF) is disappointed by the misrepresentation of facts in a media statement issued by the DA alleging that CEO Philisiwe Mthethwa “is most likely SA’s highest-paid civil servant”.
The CEO is most definitely not the highest-paid public official. It is the view of the board that the CEO earns comparatively in line with her peers in the financial services sector and among state-owned commercial enterprises. We are confident the annual reports of the various institutions will corroborate this assertion...
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