The CEO of the Johannesburg Property Company is set to receive a total package of R5.5-million in the 2026/27 financial year, a 62% jump from R3.4-million in the previous year and by far the largest single-year remuneration increase among the City of Johannesburg’s municipal entities. The spike is driven not just by a higher base salary, but by an outsized contributions package of R900,000.

No other entity comes close to that 62% jump: Eight CEOs received modest increases of under 10%. City Power’s CEO actually saw a remuneration cut of 34%. Johannesburg Roads Agency’s CEO also had a cut of 12%. The Property Company’s total package now exceeds every other entity, including the long-running high earners, Pikitup (R4.5-million), City Power (R3.2-million) and Johannesburg Water (R3.9-million).

Note: Joburg Tourism Company will also get a 62% increase from R1.6-million to R2.6-million. But the City of Johannesburg’s budget books only contained salary data for this CEO for 2025/26 and 2026/27, so it was excluded from the chart.

Produced in partnership with Our City News.