- 24 executives of government agencies earn more than R3 million a year
- The highest-paid received just under R9 million
- Interestingly, the president does not have the largest governmental salary
The heads of several government agencies earned more than R3 million in the last financial year, according to reports.
Five of the 24 received R5 million, and three received R7 million.
For perspective, former president Jacob Zuma's salary was R2.8 million for his last year in office.
This means that several government executives are earning considerably more than the president. Tom Moyane, the SARS boss that Cyril Ramaphosa axed soon after taking office, was raking in R4.3 million annually, according to GroundUp.
The highest-paid official of all was Samson Moraba, head of the National Housing Finance Corporation, who earned R8.8 million in the last financial year.
Clocking in at second place with a R7.9 million was the head of the Road Traffic Management Corporation, Makhosini Msibi.
For comparison, the salary of the president of the United States is $400 000 annually (roughly R5.8 million).
This means that Dube Tshidi of the Financial Services Board, for example, has a higher salary than Barack Obama or Donald Trump.
Given the extent of these salaries (not including executive bonuses and other perks) it is unsurprising that there has been much recent talk of reducing the size of government staff in order to cut costs.
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