The Millions Vodacom Spends to Protect Its CEO
Vodacom Group is spending approximately R7.7-million annually on personal security for CEO Shameel Joosub, according to the company’s FY2026 integrated report. This expenditure, previously undisclosed as a standalone line item, surfaced following a South African Revenue Service (Sars) ruling that classified such protection as a taxable fringe benefit, forcing the company to restate prior-year financial … Read more