Top earning parastatal bosses in SA revealed
·17 Sep 2012
The 2012 South African Business Times Rich List has revealed that Transnet executives are the top earning people at South Africa’s state owned enterprises.
According to the Business Times Rich List, Transnet’s Chris Wells is the top earning parastatal executive with an annual pay package of R17 million. Transnet’s Siyabonga Gama and Pradeep Maharaj was ranked second and third, with R13 million and R10 million, respectively.
The following table provides an overview of the top earning executives working at South Africa’s state-owned enterprises.
| Rank | Person | Company | Annual pay package |
| 1 | Chris Wells | Transnet | R17 million |
| 2 | Siyabonga Gama | Transnet | R13 million |
| 3 | Pradeep Maharaj | Transnet | R10 million |
| 4 | Karl Socikwa | Transnet | R10 million |
| 5 | Tau Morwe | Transnet | R9 million |
| 14 | Reuben September | Telkom | R7 million |
| 20 | Solly Mokoetle | SABC | R6 million |
| 26 | Peter Nelson | Telkom | R5 million |
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