Godsell Calls for Inquiry Into Excessive Pay, Business Day Says

Bobby Godsell, the chairman of Business Leadership South Africa, said an independent commission should be set up to investigate executive pay in South Africa, which is excessive and lacked transparency, Business Day reported.

South Africa needed an independent commission, similar to one in the U.K., to look into income inequality, the Johannesburg-based newspaper cited Godsell as saying.

To contact the reporters on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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