The best-paid telecoms bosses in South Africa

Telkom recently published its latest annual report, which showed that CEO Sipho Maseko received a total pay package of R14.51 million for the financial year ended 2016.

Group CFO Deon Fredericks earned R9.5 million – up from R8.67 million in 2015. His guaranteed package amounted to R5.25 million.

While Maseko and Fredericks enjoyed big salary packages, they are not the best-paid telecommunications executives in South Africa.

Former MTN CEO Sifiso Dabengwa received a total package of R40,581,000, which included a “compensation for loss of office” bonus of R24 million.

Vodacom CEO Shameel Joosub also did not do badly over the past year, with a pay package of over R20 million.

The table below shows the salary packages of South Africa’s top telecommunications executives.

Telecoms Executive Pay Packages
Executive Position Total Pay Package
Sifiso Dabengwa Former MTN CEO R40,581,000
Brett Goschen MTN CFO R9,256,000
Shameel Joosub Vodacom CEO R21,796,600
Ivan Dittrich Former Vodacom CFO R7,712,433
Sipho Maseko Telkom CEO R14,510,729
Deon Fredericks Telkom CFO R9,456,765
Brett Levy Blue Label Telecoms CEO R14,122,000
Mark Levy Blue Label Telecoms CEO R14,122,000
Mark Pamensky Former Blue Label Telecoms COO R9,476,000

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The best-paid telecoms bosses in South Africa