Telkom, Vodacom, and MTN’s recent annual reports reveal how much their executive directors earn – with MTN executives once again taking home the most money.
MTN CEO Sifiso Dabengwa received a total pay package of R28.1 million in 2014, much higher than his counterparts at Telkom and Vodacom.
Vodacom CEO Shameel Joosub earned R10.9 million last year, while Telkom CEO Sipho Maseko received a package of R12.3 million.
Robert and Craig Venter of Altron earned R11.9 million and R9.7 million respectively, while Bytes CEO Robert Abraham received a package of R11 million.
The table below provides an overview of telecoms executive salaries in South Africa, ordered by company.
|South African telecoms CEO salary packages – Past financial year|
|Name||Company||Position||Basic salary||Total package|
|Ahmad Farroukh||MTN||CEO South Africa||R7,747,000||R17,477,000|
|Jacques Schindehutte||Telkom||Former CFO||R6,546,682||R18,770,530|
|Yolanda Cuba||Vodacom||CO: Strategy and New Business||R4,450,000||R6,992,990|
|Robert Abraham||Altron||CEO of Bytes||R3,674,000||R11,035,000|
|Craig Venter||Altron||CEO of Altron TMT||R6,223,000||R9,715,000|