Top IT Salary Packages in South Africa



The Sunday Times Rich List reveals the biggest total pay packages of South African IT and telecoms executives.


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The Sunday Times recently published its annual Rich List, revealing the richest people in South Africa and the executives with the highest pay packages.

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The biggest salary package in South Africa went to Richemont joint-CEO Bernard Fornas, with a total annual pay of R88 million.

Investec executive director Hendrik du Toit ranked second with a pay package of R86 million, followed by Richemont’s other CEO Richard Lepeu with R85 million.

The top earning telecommunications executive was former MTN CEO Raymond (Sifiso) Dabengwa with R28 million.

The table below provides an overview of the top IT executive salaries in South Africa.

Sunday Times Rich List
Rank Person Company Total Pay Package
1 Bernard Fornas Richemont R88 million
2 Hendrik du Toit Investec R86 million
3 Richard Lepeu Richemont R85 million
27 Sifiso Dabengwa MTN R28 million
53 Jens Montanana Datatec R19 million
87 Robbie Venter Altron R15 million

A full list of top IT salary packages in South Africa

The table below, compiled by MyBroadband, provides a comprehensive view of the top salary packages of IT execs in South Africa.

South African IT salary packages – Past financial year
Name Company Position Basic salary Total package
Sifiso Dabengwa MTN CEO R9,334,000 R28,128,000
Jyoti Desai MTN CTO R7,865,000 R21,558,000
Ahmad Farroukh MTN CEO South Africa R7,747,000 R17,477,000
Brett Goschen MTN CFO R5,567,000 R13,344,000
Jacques Schindehutte Telkom Former CFO R6,546,682 R18,770,530
Sipho Maseko Telkom CEO R7,020,000 R12,305,207
Deon Fredericks Telkom CFO R4,286,048 R8,674,269
Shameel Joosub Vodacom CEO R7,300,000 R10,933,000
Yolanda Cuba Vodacom CO: Strategy and New Business R4,450,000 R6,992,990
Ivan Dittrich Vodacom CFO R4,750,000 R6,247,116
Robert Venter Altron CEO R6,956,000 R11,992,000
Robert Abraham Altron CEO of Bytes R3,674,000 R11,035,000
Craig Venter Altron CEO of Altron TMT R6,223,000 R9,715,000

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