Govt ministers, CEOs take pay cut
The prime minister, government ministers and public service chief executives will take a pay cut of 20 percent over the next six months, Prime Minister Jacinda Ardern announced.“It is the right thing to do, and I acknowledge chief executives for volunteering to take the pay cut a...
PaySauce doubles quarterly revenue
SaaS employment solutions provider PaySauce has finished the financial year ended March 2020 with a strong final quarter, doubling its revenue year-on-year. Quarterly revenue grew 122 percent to $429,000 as the number of employees in New Zealand being paid through PaySauce payrol...
Former PepsiCo boss takes charge at Frucor Suntory
Australasian soft drink company Frucor Suntory has appointed former PepsiCo boss, Darren Fullerton as chief executive.Fullerton spent 18 years at PepsiCo, rising to chief executive for Australia and New Zealand before taking the helm at Winc, a billion-dollar Australasian office...
Cannasouth looking to raise $3 million
Listed medicinal cannabis company Cannasouth hopes to raise $3 million under a share purchase plan to its shareholders. The company, which raised $10 million through its NZX-listing last June, says it aims to accelerate development of its initiatives under New Zealand’s medicinal...
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