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ITWeb reports that Shameel Joosub, CEO of Vodacom, which is SA’s largest mobile network operator, is the top telco earner this year, with a total income of R71 million, inclusive of various benefits.
Joosub’s remuneration is tied to several of Vodacom’s metrics, as well as gross pay, which is adjusted for inflation each year. Vodacom notes that this pay is benchmarked against the rest of the industry, considering the role’s size and complexity. The operator also considers job-specific competencies, skills, industry knowledge and experience that contribute to achieving Vodacom’s strategy. Vodacom’s CEO is followed closely by MTN Group president and CEO Ralph Mupita. However, there’s a caveat when it comes to comparing remuneration for the telecoms bosses because MTN’s 2025 annual report isn’t out yet, so it is not yet known what Mupita earned last year.
Following MTN’s CEO are those of Telkom, Blu Label Unlimited and then Cell C, in order of market capitalisation. But, there’s another caveat here because it is not known what Cell C CEO Jorge Mendes earned because the company is newly-listed on the JSE and has yet to issue an annual report. ITWeb pulled numbers from the latest annual reports for the highest-value telecoms companies on the JSE to see what their CEOs earned in their most recent financial year. This is indicated in an informative table in the news report.
- Read the full original of the report in the above regard by Nicola Mawson at ITWeb
Get other news reports at the SA LabourNews home page