Reuters/Rogan Ward. He has a couple of awards and was of the highest goal scorers in Chelsea. As a B.SC holder in Electrical Engineering, an MBA and EDP, he joined MTN Group in 1999. Top ten highest-paying jobs in South Africa. The best African country to be a startup CEO or developer is South Africa . The average salary for a Chief Executive Officer (CEO) in South Africa is R1,160,310. 1. Here are the top 10 highest paid CEOs in South Africa as of 2014. Jacob Zuma, South African president is the highest paid in the continent earning $272 000 per year, he was ranked fourth in the world. 2) Nicandro Durante, R118 million (CEO of BAT) This Brazilian businessman is presently the chief executive officer of British American Tobacco PLC (BAT), the world’s second-biggest tobacco company in terms of sales. 3. South Africa. Xolile George, CEO of the South African Local Government Association, and Philisiwe Mthethwa, CEO of the National Empowerment Fund, also received more than R5-million apiece. As the Group President and Chief Executive Officer of MTN Group Limited, Sifiso bags R48 million as his salary. Some of these celebrities have changed careers to focus on their talents. Whilst on average the American CEO is paid 10 to 20 times. How much is a doctor salary in South Africa The average salary of a doctor in South Africa is R437,527 p/a while a specialist doctor can earn up to R1,123,890 p/a In 2013, he walked away with a huge compensation of more than R48 million; that is almost double the R23.5 million he received in 2012. A little more investigation is required. South Africa’s banks have published their full annual reports for the 2018 financial year, detailing how much their chief executive officers are paid. Spoiler alert – it’s a lot. Of all the CEOs on the JSE Top 40 list, Maria Ramos of Barclays Africa was the only woman. South African television shows pay newcomers approximately R22,000 a month. American management consultant Peter Drucker believed the ratio between a CEO’s pay and that … The highest paid CEO too almost R1 billion rands last year that is at least 20 times higher than the average pay of the South African CEO and it is by far very high. Sifiso N. Dabengwa joined MTN in 1999 and in March 2011, he became the CEO and president of MTN Group Ltd. PwC found that the total guaranteed package (TGP) for CEOs, which includes bonuses, short term incentives and long-term incentives, were highest at the large mining houses where CEOs receive R16.8 million a year, and CFOs R6.9 million. How well paid are South African CEOs really? SAB Miller – which recently entered into an acquisition process with brewing giant AB InBev – paid its chief executive Alan Clark R152 million (GBP7.07 million) in 2015, ranking him as best paid executive on the JSE. South Africa has been ranked tops among countries with the best paid CEO's when their salaries are compared to the average income in their societies. After tax, that’s 66 times more than the lowest paid employees, on the national minimum wage – and that’s before taking into account bonuses and share options. In South Africa, the highest paying jobs by professions includes: specialist doctors, business architect, petroleum engineers, IT manager . The top paid ICT executives in South Africa The table below provides an overview of the highest-paid IT and telecoms executives in South Africa. Salary gaps at South African tech companies. For some CEO, one of the most lucrative things is their salary and which ranges on investment in the establishment. In South Africa, the highest paying jobs are in the fields of management, ICT, engineering, medicine, etc. However, salaries in these fields may differ based on the amount of work experience, qualification or skill levels. ICT Executive Pay in South Africa The United States may have the highest paid CEOs, but South Africa is where CEOs live far above the rest of us. South African CEOs are among some of the best paid in … PWC has published its latest executive director report, which breaks down how much top CEOs earn in South Africa. While R50 million is a hefty salary by anyone’s standards, it is still less than a third of what South Africa’s highest paid boss earns. Acting pays well in South Africa. Yaya Toure. The highest paid actor gets around R120,000. Unbelievably, this means that the average CEO or president of a … Apart from coming in at 66 times more than the lowest-paid employees taking home the national minimum wage, it’s also considerably more than the international standard for the ideal CEO to average worker ratio, which the Harvard Business Review places at between 20:1 and 25:1. Before any bonuses are taken into account, he was paid R5.6-million in 2017/18; with bonuses, his pay rose to R7.3-million. Software Engineers. The retired player is regarded as one of the greatest footballers from Africa. By Deon Gouws 31 Aug 2017 00:15 . The median pre-tax salary of a CEO of a listed company in South African reached R5.242 million in the year to end-February 2020, according to a new report by PricewaterhouseCoopers. Rwanda’s president, Paul Kagame is ranked tenth, earning only $85 000 per year. Number 2 on the list of richest footballers in Africa is the famous Didier Drogba. www.itnewsafrica.com. In 1981, Durante joined BAT’s Brazilian subsidiary Souza Cruz. By Yomi Kazeem. Alan Clark: He is the CEO of SAB and tops the list with R122 million as his earnings. By far, it was our most expansive research of African American corporate leadership since we developed America’s 25 Hottest Managers in 1988—a roster that did not have a single black CEO … Research done by P-E Corporate Services has established some of the highest paid CEOs in South Africa, revealing that the pay differential between the guaranteed pay of the CEO of a very large company (turnover of more than R15 billion and more than 25,000 employees) and workers on basic skill level packages is 60:1. CEOs of South African IT and telecoms companies listed on the JSE earn between R1.44 million and R94 million per year. Visit PayScale to research chief executive officer (ceo) salaries by … The 10 Highest Paid CEOs in South Africa. January 25, 2021 staff Life, Hacks, Fact & Tips 0. The list of the highest paid celebrities in South Africa is dominated by actors and media personalities who are between twenty and fifty years old. Research done by P-E Corporate Services has established some of the highest paid CEOs in South Africa, revealing that the pay differential between the guaranteed pay of the CEO of a very large company (turnover of more than R15 billion and more than 25,000 employees) and workers on basic skill level packages is 60:1. South Africa has some of the best IT and telecommunications executives in the world – Here are the best-paid tech CEOs and CFOs in South Africa. South Africa has one of the biggest pay gaps in the world, where chief executives get paid on average 140 times more than the average employee. If you want a job that pays well and allows you to live comfortably, South Africa is definitely worth the try. Altron TMT has released its 2014 earnings. South Africa has one of the strongest economies on the African continent, so it is a major hub for professionals looking to advance their careers. Sifiso Dabengwa of MTN Earnings: R48 Million. My eye is a little scapegoat running around on the moon, FROM "MOONSHINE" BY SUSAN TAYLOR 1. Come for the color, stay for the startup pay packages. We have a lot of CEO in the country and some get to sit on the highest ranking. Highest paid CEOs in SA. BusinessTech found that the average banking CEO gets paid 102 times what the average employee in the sector does. Top 10 Highest Paid CEOs In South Africa 10. 3.Craig Venter. Here are the best and worst paid CEOs. CEO Craig Venter took home 14,135,000 rand ($1.327 million) this year, making him South Africa’s third-highest-paid … Africa … We compiled a list of the JSE Top 40’s highest earning CEOs for the 2015/2016 financial year. Ramos earned a basic salary of R14.5m and a total package with benefits of R28.2m in 2015. Compared to seven other sub-Saharan African countries, South African executive directors were paid roughly R1 million more. South Africa has been ranked tops among countries with the best paid CEO's when their salaries are compared to the average income in their societies. 10) Sifiso Dabengwa, R48 million (CEO of MTN) The only black on the list. See a full list of highest-paid CEO in South Africa.