shameel joosub bonus


Former chairman Peter Moyo retired on 18 July 2017 and made R686 290 while he was still in the position. Joosub’s pre-tax remuneration of R43,446,398 is broken down as follows: The dividends comprise the total of cash receipts during the financial year based on previous unvested FSP LTIP awards and cash settled in lieu of dividends on Vodafone matching shares. The image below shows the pay mix for Vodacom CEO Shameel Joosub. Vodacom has published its integrated report for the year ended 31 March 2020, which revealed that CEO Shameel Joosub received a pre-tax salary of R43.45 million in the last financial year. Payments to Vodacom's 11 non-executive directors totalled R8.6 million for the year. Once mobile carriers receive ample spectrum, said Joosub, South African consumers would … The report also showed that Joosub paid R19.55 million in tax on his salary, which the company said indicates a 45% rate of taxation rate being applied to the gross amount. Vodacom . Vodacom CFO Till Streichert's total remuneration package came in at about R16.1 million before tax. The ex-dividend date of this dividend is Wednesday, November 21st. 2 Vodacom Group reviews. Joosub received dividends of R5-million, up 4.6% from … Vodacom's wellbeing programme offers a range of activities designed to support all our people to achieve a digital balance through the sustainable use of technology, as well as achieve financial, physical, emotional and mental wellness. View Vodafone Group's Dividend History. In April, Vodacom announced that Joosub has heeded the call by President Cyril Ramaphosa and will donate a third of his salary for the next three months to the Solidarity Fund. Since the dividend varies from period to period, it has not been included in the pay mix depiction indicated above. On Friday, Vodacom also pledged to give 20,000 smartphones to SA healthcare workers to aid in the fight against COVID-19. “Lengthy delays in completing the digital migration and allocating 4G spectrum has curbed the pace at which data prices could have fallen,” said Joosub. Creating a healthy workplace that looks after the wellbeing of employees and their families is essential to the success of any business. Vodacom South Africa CEO Shameel Joosub has taken a significant pay cut, MyBroadband reported, citing the company's remuneration report for the financial year ended 31 March. Vodacom said Joosub had received guaranteed pay of R12m, including retirement fund contributions, medical aid and a company car, which was 6.5percent higher … The maximum STIP for Joosub is two-times the target. Vodacom CEO Shameel Joosub has taken a significant pay cut, according to the company’s remuneration report for the financial year ended 31 March 2019. Vodacom’s top executives have taken an effective pay cut in the 2015 financial year thanks to reductions in short … He was paid mostly in British pounds except for an almost R2.1 million payment listed as "other" which was likely for "assignment allowances and educational benefits for children paid", while another 77 968 pounds (R1.4 million) was separately listed as "other" in his remuneration breakdown. A free inside look at company reviews and salaries posted anonymously by employees. President Ramaphosa to earn more than predecessor Jacob Zuma This is according to Vodacom's integrated report for the year ended 31 March, which shows Joosub's guaranteed … For the financial year ended March 2019, Joosub saw his total package decrease by 24% in 2019 compared to the prior year, taking home a final pre-tax paycheque of R38.3 million (down from R50.3 million in 2018). It also saw a big jump in group subscribers during the year, adding seven million customers across the group; 4.5 million of which were in South Africa. Along with the company’s reported growth, Vodacom CEO, Shameel Joosub, also enjoyed a salary hike, taking home a basic salary of R9.2 million, with a short-term incentive bonus …