Highest-paid IT and telecoms executives in South Africa

South Africa has produced world-class IT and telecommunications companies, including MTN, Vodacom, Dimension Data, Naspers, and Altron.

These companies have, in turn, produced world-renowned executives like Alan Knott-Craig, Pieter Uys, Jeremy Ord, Bill Venter, and Koos Bekker.

These top executives helped their companies to show strong growth which benefitted South Africa through thousands of jobs, billions in tax revenue, and foreign direct investments.

Their ability to perform well in the tough South African economic environment, with a lot of uncertainty, makes them desirable across the world.

Former Checkers CEO Whitey Basson, for example, was approached by three major international companies which offered him double and even triple his salary to jump ship.

He said it is challenging to keep top executives in the country who can grow the industry and ensure the country has a brighter future.

It is not surprising that South Africa has lost many top ICT executives to global firms which offered them higher salaries, a safer environment, and more job security.

Local tech and telecoms CEOs

To illustrate Basson’s point, it is instructional to look at South Africa’s top telecommunications executives.

South Africa is home to two of the world’s largest mobile operators, Vodacom and MTN, which produce some of the world’s best mobile telecoms executives.

Vodacom and MTN’s executives can easily move to another country, which many of them have already done.

Former MTN and Vodacom executives Lambo Kanagaratnam and Deon Liebenberg moved to Optus in Australia, and former MTN SA CTO Eben Albertyn is now at Vodafone Netherlands.

In fact, both Vodacom and MTN’s current CEOs spent time in Europe before they returned to South Africa.

Rob Shuter was the CEO for Vodafone’s Europe Cluster before he was head-hunted to serve as MTN CEO.

Shameel Joosub, in turn, was the CEO of Vodafone Spain before he returned to South Africa to run Vodacom.

With many international options available to them, it is challenging to keep top ICT executives in South Africa.

Competitive salaries are a good starting point. Although local executive salaries are not always on par with those in the United States or Europe, local execs are still well paid.

With the lower living costs, good weather, and a good overall quality of life, many top executives are happy to make South Africa their home.

Best paid South African ICT executives

The table below provides an overview of the best paid IT and telecommunications executives over the past year.

Executive Remuneration
Name Position Company Total Remuneration
Ralph Mupita CFO MTN R66.3 million
Rob Shuter CEO MTN R58.2 million
Shameel Joosub CEO Vodacom R43.4 million
Till Streichert CFO Vodacom R26.6 million
Imtiaz Patel Chairman MultiChoice R25.8 million
Calvo Mawela CEO MultiChoice R21.7 million
Stephen van Coller CEO EOH R19.0 million
Godfrey Motsa CEO MTN SA R15.7 million
Mteto Nyati CEO Altron R14.4 million
Mark Levy CEO Blue Label R14.3 million
Brett Levy CEO Blue Label R14.3 million
Cedric Miller CFO Altron R13.0 million
Alan Dickson CEO Reunert R9.2 million
Tim Jacobs CFO MultiChoice R8.2 million
Nick Thomson CFO Reunert R7.0 million
Mark Taylor Executive Director Reunert R5.5 million
Sbu Shabalala CEO Adapt IT R4.8 million
Tiffany Dunsdon CFO Adapt IT R3.7 million

Now read: Here are South Africa’s tech companies which pay the highest salaries

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Highest-paid IT and telecoms executives in South Africa