Highest paid telecoms executives in SA

Vodacom, MTN, and Telkom’s annual reports reveal that MTN group CEO Sifiso Dabengwa received the highest total salary in the last financial year when looking at South Africa’s three largest telecommunications companies.

According to MTN’s latest annual report Dabengwa received a total salary of R22,528,000, edging out former Vodacom CEO Pieter Uys, and Telkom CEO Nombulelo Moholi.

MTN CFO Nazir Patel also out-earned his counterparts at Telkom and Vodacom. Patel received a total package of R17,177,000 in 2011, higher than both the CFOs and CEOs at MTN’s main competitors.

When it came to the chairpersons of these listed companies, MTN Chairman Cyril Ramaphosa reigned supreme with an annual package of R1,805,000, edging out Telkom chairman Lazarus Zim and Vodacom chairman Peter Moyo.

The following table provides an overview of the total pay packages of the executives of the MTN, Vodacom, and Telkom for their last financial year.

Telecoms executive income in last financial year
Name Position Total income
Telecoms CEOs
RS Dabengwa MTN CEO R22,528,000
PJ Uys Vodacom CEO R16,523,664
NT Moholi Telkom CEO R12,067,321
Telecoms CFOs
NI Patel MTN CFO R17,177,000
RA Shuter Vodacom CFO R12,550,205
JH Schindehütte Telkom CFO R8,384,458
Telecoms chairman
MC Ramaphosa MTN Chairman R1,805,000
PL Zim Telkom Chairman R1,520,000
MP Moyo Vodacom Chairman R1,350,000

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Highest paid telecoms executives in SA