Business19.06.2014

Highest paid tech CEOs in South Africa

money coins pennies counting

Vodacom has released its annual report for the financial year of 2013/14, revealing how much its top executives took home for the year.

Vodacom Group CEO, Shameel Joosub – who took over from former CEO Pieter Uys in the previous financial year in September 2012 – took home a complete package of R12.98 million, off of a basic salary of R6.9 million.

In the 2012/13 financial year, Joosub took home R9.2 million, representing the 9 months he served as CEO for the group.

The following table shows the salaries for Vodacom’s chief executive, chief financial officer, chief technology officer and chief officer of enterprise at the group.

Vodacom executive salaries 2014

Name Role 2013 Salary
2014 Salary
Shameel Joosub Group CEO R9,277,000 R12,980,000
Ivan Dittrich Group CFO R6,401,000 R7,542,000
Andries Delport Group CTO R5,044,000 R6,312,000
Vuyani Jarana CEO: Enterprise R4,267,000 R5,219,000

Highest paid tech CEOs in SA

The following table shows how the Vodacom CEO’s salary stacks up against other CEOs in the South African tech and telecoms sector.

It should be noted that a number of big tech and telecoms companies have not released their annual reports for 2014. This means that many of the salaries listed are for the previous financial year.

Executive Company 2013/14 salary
Sifiso Dabengwa MTN Group R48,077,000
Robbie Venter Altron R17,733,000*
Craig Venter Altron TMT R14,135,000*
Mark Levy Blue Label R14,107,000
Brett Levy Blue Label R14,107,000
Shameel Joosub Vodacom R12,980,000*
Attila Vitai Telkom Mobile R8,471,000
Zunaid Bulbulia MTN SA R7,665,000
Pinky Moholi Telkom R11,636,000
Sipho Maseko Telkom Appointed 1 April 2013

* 2014 full year

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