The South African telecommunications market is changing fast, putting pressure on margins and forcing companies to alter the way they do business.
These changes can be challenging, and telecommunications company CEOs are under pressure to ensure that their companies do not falter during this transition period.
While one should spare a thought for the pressure these executives are under, they do not have to worry about one thing most other people battle with: money.
South Africa’s top earning telecommunications exec, MTN CEO Sifiso Dabengwa, received a total pay package of R48 million in the last financial year.
Many other telecommunications executives from SA’s top firms also received a total salary of over R10 million.
The following table provides an overview of the total remuneration of South African telecommunications executives.
|Telecommunications executive salaries|
|Person||Position||Total annual remuneration|
|Sifiso Dabengwa||MTN CEO||R48,077,000|
|Brett Goschen||MTN CFO||R6,326,000|
|Robbie Venter||Altron CEO||R17,733,000|
|Craig Venter||Altron TMT CEO||R14,135,000|
|Brett Levy||Blue Label Telecoms CEO||R14,107,000|
|Mark Levy||Blue Label Telecoms CEO||R14,107,000|
|Shameel Joosub||Vodacom CEO||R12,980,500|
|Ivan Dittrich||Vodacom CFO||R7,542,198|
|Sipho Maseko||Telkom CEO||R11,711,972|
|Jacques Schindehütte||ex-Telkom CFO||R6,011,972|