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Central Africa Time or CAT, is a time zone used in central and southern Africa. Central Africa Time is two hours ahead of Coordinated Universal Time ( UTC+02:00 ), which is the same as the adjacent South Africa Standard Time , Egypt Standard Time , Eastern European Time , Kaliningrad Time and Central European Summer Time .
South Africa observed a daylight saving time of GMT+03:00 between 20 September 1942 to 21 March 1943 and 19 September 1943 to 19 March 1944. [6] South African Standard Time is defined as "Coordinated Universal Time plus two hours" as defined in South African National Government Gazette No. 40125 of 8 July 2016. [7]
Names for the offsets vary by country and jurisdiction: [3] in Africa, UTC+01:00 is commonly known as "West Africa Time", however Algeria, [14] Morocco and Tunisia [15] designate the offset by its European name, "Central European Time"; UTC+02:00 – commonly known as "Central Africa Time" – is designated as "South African Standard Time" by ...
Winter time began on the first Sunday in April at 03:00, and lasted until the first Sunday in September, 02:00 hours. In the Zambezi Region in the far north-east of Namibia clocks were not changed and remained on Central Africa Time all year round so that during winter time, Namibia spanned two time zones. [8]
The shift is the amount of time added at the DST start time and subtracted at the DST end time. For example, in Canada and the United States, when DST starts, the local time changes from 02:00 to 03:00, and when DST ends, the local time changes from 02:00 to 01:00. As the time change depends on the time zone, it does not occur simultaneously in ...
In 2022 and 2023, Nick O’Kane, former commodities head of the Australian bank Macquarie, made $65 million in total compensation, exceeding CEO Shemara Wikramanayake’s cushy salary of $36.75 ...
Shoprite is a public company listed on the Johannesburg Stock Exchange and A2X Markets in South Africa, with secondary listings on both the Namibian and Lusaka stock exchanges. The Shoprite Group employs more than 160,000 people and is the largest private sector employer in South Africa. By 2024, Shoprite had 3,031 stores in 10 countries. [3]
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.