Biggest tech and telecoms pay packages in South Africa

Being a telecoms and tech executive in South Africa is a stressful job, but it has many rewards – including a fat salary.

One of the biggest pay packages went to former MTN CEO Phutuma Nhleko, who received just under R49 million in 2011.

Nhleko resigned as MTN CEO on 31 March 2011, and this pay package included a large shareholder-approved restraint of trade.

A big salary is, however, only part of a CEO’s total compensation. In 2010, Bloomberg reported that Nhleko held 3.35 million MTN shares, worth around R392 million at the time.

Here are some of the highest tech and telecoms salaries of JSE-listed companies over the last few years.


Brett Levy (Blue Label Telecoms CEO) – received a total pay package of R50 million in 2007

Brett Levy


Mark Levy (Blue Label Telecoms CEO) – received a total pay package of R49 million in 2007

Mark Levy


Phutuma Nhleko (former MTN CEO) – received a total pay package of R49 million in 2011

Phutuma Nhleko


Sifiso Dabengwa (former MTN CEO) – received a total pay package of R48 million in 2013

Sifiso-Dabengwa


Jens Montanana (Datatec CEO) – received a total pay package of R42 million ($2,964,000) in 2012

Jens Montanana


Brett Dawson (Dimension Data CEO) – received a total pay package of R30 million in 2009

Brett Dawson


Shameel Joosub (Vodacom CEO) – received a total pay package of R22 million in 2009

Shameel Joosub


Jyoti Desai (MTN CTO) – received a total pay package of R22 million in 2014

Jyoti Desai


Reuben September (former Telkom CEO) – received a total pay package of R19 million in 2008

Reuben September


Jacques Schindehutte (former Telkom CFO) – received a total pay package of R19 million in 2014

Jacques Schindehutte


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Biggest tech and telecoms pay packages in South Africa