May 19, 2020

Africa's highest paid sports stars

African Business Review
Melissa Rudd
Samuel Eto'o
Els for Autism Foundation
Bizclik Editor
4 min
Africa's highest paid sports stars

Samuel Eto’o

Sport: Football

Home country: Cameroon

Club: FC Anzhi Makhachkala

One of the most decorated African players in the history of the game, Samuel Eto’o sent shockwaves through the football world in August when he left Inter Milan to join Russian side FC Anzhi Makhachkala to become the highest paid player on the planet.

Reportedly earning a salary of €20.5 million per season, the Cameroon captain signed a three-year deal for a fee said to total $36 million plus performance-related add-ons. Counting Puma and Ford among his sponsors, (Eto’o drives the iconic Ford GT) Eto’o could rake in much more through personal promotions and advertising deals.

Experts have seriously questioned the 30-year-old’s move to Russia. After all, the four-time African Player of the Year netted his highest number of goals (37 in all competitions) just last season at the San Siro.

But a glance at his incredible record shows that Eto’o does not have much more to achieve at club level bar a stint in the English Premier League. After beginning his career at Real Madrid (but only making three appearances for the club), he moved Mallorca and on to Barcelona where he scored 130 goals in 200 appearances. Lifting the UEFA Champions League twice with the Spanish giants, he went on to clinch the prestigious club trophy again in with Inter in 2009-10.


Dale Steyn

Sport: Cricket

Home country: South Africa

Club: Cape Cobras/Deccan Chargers (IPL 2011)

Officially ranked the world’s best Test bowler, 28-year old Steyn was the most expensive South African cricketer at the 2011 Indian Premier League (IPL) auction. Deccan Chargers snapped Steyn up for a cool $1.2 million; while back home he plies his trade for Cape Cobras, counting sports giant Slazenger among his sponsors.

Despite a humble beginning in the Test arena, Steyn perfected his action and announced himself on the world stage when South Africa hosted New Zealand in 2007-08, taking 10 wickets in the first Test match. Whenever Steyn bowled, wickets seemed to fall and in 2008 he became the fastest South African to reach 100 Test wickets. His remarkable figures at the end of 2008 - 86 wickets in 14 matches at an average of just over 18 - saw him crowned the ICC (International Cricket Council) Player of the Year.


Victor Matfield

Sport: Rugby

Home country: South Africa

Club: Blue Bulls/Bulls

Despite rumours of a possible retirement at the end of this year’s Rugby World Cup, 34-year-old Matfield is still a force on the international stage. The lock won the IRB (International Rugby Board) Player of the Tournament accolade when the Springboks lifted the Webb Ellis Cup in the 2007 tournament.

Matfield plays for the Blue Bulls in the Currie Cup and the Bulls in the Super 14, having captained both sides along with his country. His biggest money move came in January 2008, when he signed for French division two outfit Toulon on a six month contract for a rumoured R4 million. One of several high profile players signed by the club, including former All Blacks captain Tana Umaga, Pietersburg-born Matfield helped them to clinch promotion before returning to South Africa.


Ernie Els

Sport: Golf

Home country: South Africa

The former world number one has enjoyed sustained success in his 22-year professional career so far. Els, from Johannesburg, is the leading career money winner on the European tour, amassing €26,088,556 in prize money and topped the European Order of Merit (money list) in 2003 and 2004.

Known as ‘The Big Easy’ due to his height (6 feet, 3 inches) and effortless swing, major highlights in Els’ career include US Open wins in 1994 and 1997 and the Open in 2002, while he has won the World Match Play Championship in Spain a record seven times. His excellent CV however could have been even more impressive considering he has finished runner-up in six majors, and second to Tiger Woods more often than any other golfer.

Off the course, 41-year-old Els has his own golf course design business and an esteemed wine-making business. He also campaigns for his Els for Autism Foundation, which was established in 2009 after his son Ben was diagnosed with the condition.

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Jun 11, 2021

G7 Summit guide: What it is and what leaders hope to achieve

3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve, in terms of sustainability and global trade

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 


Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.


Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 


When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 


Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 


The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 


It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 


Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”


The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 


According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 


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