Top executives in at least 24 government-funded agencies were paid more than R3m in the 2017/18 financial year
TUHF
These agencies enjoy varying degrees of autonomy from the government, but generally have much less autonomy than parastatals such as Eskom and government-run enterprises such as Prasa. All Schedule 3A entities are publicly funded. The best place to lead a 3A entity in 2017/18 was within the Department of Transport. At the eight transport agencies analysed by GroundUp, the top executive was paid on average R4m. The next-highest averages fell under Treasury and the Department of Human Settlements.
Dube Tshidi, the former head of the Financial Services Board, which is now known as the Financial Sector Conduct Authority, had the highest base salary of any top executive reviewed by GroundUp. Before any bonuses are taken into account, he was paid R5.6m in 2017/18; with bonuses, his pay rose to R7.3m.
Tom Moyane, the Zuma-appointed former head of Sars, meanwhile, earned R4.3m in 2017/18 before new President Cyril Ramaphosa suspended him towards the end of the financial year. Moyane was later fired for “reckless mismanagement”.
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