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Vodacom CEO Shameel Joosub Made R64 Million Last Year, SA Slams the Company

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Vodacom's CEO, Shameel Joosub, earned R64.3 million in the 2023 financial year. Many felt like he earned too much while other workers earned little.

South Africans criticised Vodacom, accusing it of poor service and refusing to pay Please-Call-Me inventor Nkosana Makate what was due himjournalist with nine years of experience, offered valuable insights into South Africa’s business environment during his three years at VutiviJOHANNESBURG – The CEO of Vodacom bagged R64 million in earnings in the 2023 financial year. This is slightly less than the money he made previously, but, Shameel Joosub made R64.3 million in 2023.

Makate rejected the company's initial R47 million offer and flatly turned it down. The court ruled that the company should return to the drawing board and offer him a better amount.

 

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