Ramaphosa vs Steenhuisen vs Malema: What are their yearly salaries?

Cyril Ramaphosa, John Steenhuisen, and Julius Malema say they aren't in it for the cash: But their respective salaries are quite a reward...

Ramaphosa vs Steenhuisen vs Malema: What are their yearly salaries?

There are now just under two weeks left until the polls open for the 2021 Local Elections in South Africa. Excitement is at fever pitch, and all the major parties leaders – including Cyril Ramaphosa, John Steenhuisen, and Julius Malema – are hitting the campaign trail hard. Indeed, this is the time where our top politicians really start earning their salaries.

Money in the bank: Ramaphosa vs Steenhuisen vs Malema

Of course, this level of exhaustive effort is reserved exclusively for election season. It is what it is, unfortunately. So when the votes have been cast, the winners have been declared, and the mood has settled, the leaders who were begging us all to favour them in the democratic process will go back to their day jobs, as per usual service.

Between them, Ramaphosa, Steenhuisen, and Malema all hold three very different titles. We’ve got a president, a leader of the opposition, and the leader of a ‘minority party’. The variation in their salaries indicates just how ‘valued’ each representative is by the National Assembly and the Treasury.

However, none of these men will enjoy a pay rise this year. The Independent Commission for the Remuneration of Public Office Bearers recommended a 0% increase for all government representatives in April 2021 – freezing the salaries of MPs, ministers, and even the president for a second consecutive term.

Comparing the salaries: Who gets what in Parliament?

And, even if the ‘top three’ parties end up switching places in terms of public popularity at the upcoming LOCAL Election, it won’t alter their salaries or job titles – they are only delegated based on the results of a GENERAL Election.

In 2019, Cyril Ramaphosa and the ANC cruised home to victory once more – despite losing 5% of the national vote from five years before. The DA saw their support base shrink as the EFF grew, and early polling for 2021 suggests that this trend will continue on Monday 1 November.

However, the salaries of Ramaphosa, Steenhuisen, and Malema are locked in until at least 2024…

Revealed: The salaries of Cyril Ramaphosa, John Steenhuisen, and Julius Malema

What does President Cyril Ramaphosa earn each year?

Ramaphosa is already well established in the world of business, and his personal wealth is believed to run into the billions (ZAR). The ANC leader assumed the presidency in 2018, replacing Jacob Zuma after his resignation.

His time in the hot-seat has brought mixed results, and that’s perhaps being generous. Joblessness has increased, and factional battles within the ANC are threatening to undermine the work of government. Ramaphosa has also had a renewed surge of load shedding and the impact of a global pandemic to deal with.

The jury is out on whether Cyril Ramaphosa is justifiably earning the millions he makes every year, but the financial incentive to run South Africa is fairly tempting. He makes about R2.99 million annually.

It’s the most rewarding of all salaries in government, as one would expect – and he gets more from his yearly earnings than John Steenhuisen and Julius Malema combined. That R249 000 per month payday must hit differently.

The funds even sound quite dazzling in Dollars, where Cyril coins in $200 000 on an annual basis, and $16 900 monthly. It may be pocket change for Mr. Ramaphosa, but for the rest of us, it’s an embarrassment of riches:

In 2018, a research team at Adzuna compared the annual salaries of leaders from 45 nations with the average income of their population. Cyril Ramaphosa took the uncoveted top spot, earning 19 times more than the common person – and the findings laid bare the enormous, unequal gaps in wealth that we see here in South Africa.

What does DA leader John Steenhuisen earn each year?

John Steenhuisen became the leader of the opposition at the back-end of 2019, before his part-time role was made permanent just a few months later. The 45-year-old proved himself to be a thorn in Ramaphosa’s side during his days at the party’s Chief Whip, and he’s had some legendary exchanges with the ANC’s leadership.

However, life at the top has been tough for Steenhuisen. He replaced Mmusi Maimane under a cloud of alleged back-stabbing and party infighting. In the last two years, the DA veteran’s ability to connect with the public has been questioned – and the lockdown regulations certainly didn’t help him when it came to interacting with the electorate.

But the ultimate judgment will be passed on John ‘Vuli Gate’ Steenhuisen within a matter of days. A strong DA performance in the Local Elections could help cement the KZN-born politician’s seat on the throne. Equally, a poor set of results may end up curtailing his reign, before it could truly get going.

Steenhuisen won’t want to lose the salary that comes with being ‘LOTO’, however. He rakes in a cool R1.6 million each year in this position, clearing about R133 000 each month. In Dollars, he takes home about $110 000 annually, and roughly $9 000 per month. It’s good work if you can get it…

What does EFF leader Julius Malema earn each year?

The pro-socialist, hard-left leader of the EFF doesn’t do too badly for himself. Julius Malema founded the Red Berets just eight years ago, but the firebrand organisation has gone from strength to strength in that time. They have become the third-biggest party in the country, and have a realistic chance of becoming the official opposition in 2024.

However, until that time comes, Juju will have to make do with one of the more modest salaries going in Parliament. Any party that’s not in government or the official opposition is classed as a minority party by The Independent Commission for the Remuneration of Public Office Bearers – and they only make a little more than our standard MPs.

Julius Malema currently earns R1.3 million each year from his current role, which works out to be R108 000 per month. That means the 40-year-old is making $88 000 annually, and $7 300 monthly.

Ten other party leaders who are represented in Parliament also earn these wages – including Pieter Groenewald, Patricia de Lille, and Bantu Holomisa. An MP, meanwhile, makes R1.14 million (or $77 000) over the course of 12 months.

Source : The South African More   

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