Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News

      Public money, private plans: MPs demand Post Office transparency

      13 June 2025

      Coal to cash: South Africa gets major boost for energy shift

      13 June 2025

      China is behind in AI chips – but for how much longer?

      13 June 2025

      Singapore soared – why can’t we? Lessons South Africa refuses to learn

      13 June 2025

      10 red flags for Apple investors

      13 June 2025
    • World

      Yahoo tries to make its mail service relevant again

      13 June 2025

      Qualcomm shows off new chip for AI smart glasses

      11 June 2025

      Trump tariffs to dim 2025 smartphone shipments

      4 June 2025

      Shrimp Jesus and the AI ad invasion

      4 June 2025

      Apple slams EU rules as ‘flawed and costly’ in major legal pushback

      2 June 2025
    • In-depth

      Grok promised bias-free chat. Then came the edits

      2 June 2025

      Digital fortress: We go inside JB5, Teraco’s giant new AI-ready data centre

      30 May 2025

      Sam Altman and Jony Ive’s big bet to out-Apple Apple

      22 May 2025

      South Africa unveils big state digital reform programme

      12 May 2025

      Is this the end of Google Search as we know it?

      12 May 2025
    • TCS

      TechCentral Nexus S0E1: Starlink, BEE and a new leader at Vodacom

      8 June 2025

      TCS+ | The future of mobile money, with MTN’s Kagiso Mothibi

      6 June 2025

      TCS+ | AI is more than hype: Workday execs unpack real human impact

      4 June 2025

      TCS | Sentiv, and the story behind the buyout of Altron Nexus

      3 June 2025

      TCS | Signal restored: Unpacking the Blue Label and Cell C turnaround

      28 May 2025
    • Opinion

      Beyond the box: why IT distribution depends on real partnerships

      2 June 2025

      South Africa’s next crisis? Being offline in an AI-driven world

      2 June 2025

      Digital giants boost South African news media – and get blamed for it

      29 May 2025

      Solar panic? The truth about SSEG, fines and municipal rules

      14 April 2025

      Data protection must be crypto industry’s top priority

      9 April 2025
    • Company Hubs
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • AvertITD
      • Braintree
      • CallMiner
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • Incredible Business
      • iONLINE
      • Iris Network Systems
      • LSD Open
      • NEC XON
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Tenable
      • Vertiv
      • Videri Digital
      • Wipro
      • Workday
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Public sector
      • Retail and e-commerce
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » How much Telkom top brass earns

    How much Telkom top brass earns

    By Duncan McLeod25 September 2012
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Nombulelo Moholi

    Brian Armstrong is the second highest paid member of Telkom’s executive committee after CEO Nombulelo Moholi. Armstrong, who heads Telkom Business, took home R10,5m in the 2012 financial year, of which R2,8m was in the form of a guaranteed package and R6,7m was in fringe and other benefits.

    Armstrong’s pay was eclipsed only by Moholi’s. She took home R12,1m in 2012, of which R6,4m was in the form of a guaranteed package, R2,3m in short-term incentives and R3,4m in fringe and other benefits. Moholi’s benefits include a restraint payment of R3,4m.

    Jacques Schindehütte, Telkom’s chief financial officer, earned R8,3m, of which R4,5m was in the form of a sign-on bonus.

    In total, the operator’s executive committee was paid R56,3m, of which R30,7m was made up of fringe and other benefits.

    The remuneration details, which are included in Telkom’s 2012 group integrated annual report released on Friday, show that Bashier Sallie, Telkom’s MD for wholesale services and networks, was the executive committee’s third highest paid member, taking home R9,8m for the period worked between 1 June 2011 and 31 March 2012. Sallie received a retention payment of R6,3m, the equivalent of two times his guaranteed package.

    Other Telkom executives who raked it in in 2012 included corporate governance chief Ouma Rasethaba (R5,4m), consumer and retail services MD Manelisa Mavuso (R8,3m), deputy chief financial officer Deon Fredericks (R7,9m), former Telkom Cybernest MD Pierre Marais (R6,1m), human resources head Thami Msubo (R4,6m) and former international MD Motlatsi Nzeku (R3,8m).

    Telkom’s nonexecutive directors together earned R8,2m in fees in 2012. The highest paid of these was outgoing chairman Lazarus Zim, who earned R1,5m — R1,1m in directors’ fees and R410 000 in committee and special meeting fees.  — (c) 2012 NewsCentral Media



    Brian Armstrong Cybernest Deon Fredericks Jacques Schindehutte Lazarus Zim Manelisa Mavuso Motlatsi Nzeku Nombulelo Moholi Ouma Rasethaba Pierre Marais Telkom Thami Msubo
    Subscribe to TechCentral Subscribe to TechCentral
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleNo 4G broadband for Cape Town
    Next Article ZA Tech Show: Ep 225 – ‘As seen on TV’

    Related Posts

    MVNO boom is reshaping South Africa’s mobile market

    12 June 2025

    Watch | Lunga Siyo on Telkom’s big growth plans

    11 June 2025

    Capex clash: Vodacom, MTN and Telkom battle over network supremacy

    11 June 2025
    Company News

    Huawei Watch Fit 4 Series: smarter sensors, sharper design, stronger performance

    13 June 2025

    Change Logic and BankservAfrica set new benchmark with PayShap roll-out

    13 June 2025

    SAPHILA 2025 – transcending with purpose, connection and AI-powered vision

    13 June 2025
    Opinion

    Beyond the box: why IT distribution depends on real partnerships

    2 June 2025

    South Africa’s next crisis? Being offline in an AI-driven world

    2 June 2025

    Digital giants boost South African news media – and get blamed for it

    29 May 2025

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2025 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.