News Formal

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

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 10 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Facebook News

Vodacom

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vodacom primed for acquisition as Vodafone extends selling spreeVodafone has sold numerous of its operations over the last four years, and Vodacom is an attractive acquisition target for many global players.
Source: mybroadband - 🏆 11. / 67 Read more »

Vodacom Group plans to cut 80 jobs in its biggest marketVodacom’s net income rose 9% to R8.5bn in the six months ended September 30, while costs jumped 37% to R28bn.
Source: Moneyweb - 🏆 5. / 77 Read more »