State housing CEO Azola Mayekiso pledges R600K bonus amid NHFC turmoil

NHFC CEO Azola Mayekiso Proposes R600K Bonus Amid Whistle-Blower Controversy

Lavish Staff Payment Plan Under Scrutiny

National Housing Finance Corporation (NHFC) CEO Azola Mayekiso, currently facing criticism from whistle-blowers, has proposed a controversial once-off payment for staff. If approved, the plan would see Mayekiso receiving a personal bonus of nearly R600,000.

Morale-Boosting Move or Questionable Payout?

The proposed payment, framed as a morale-boosting initiative for employees, has raised eyebrows given the timing of the announcement amid ongoing whistle-blower allegations against the CEO. The substantial personal payout to Mayekiso has particularly drawn attention and criticism.

Source: Daily Maverick

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