Earlier, he served as the country’s deputy prime minister from April 2008 – April 2013. Politics has become a very lucrative career. He is the highest paid African president. While a huge percentage of its citizens live below the poverty line, Denis walks home with $108,400 annually as salary. Abdelmadjid Tebboune is the 8th and current president of Algeria. Mohammed VI took power in 1999 and is reported to earn 68 times more than an average Moroccan citizen yearly. Cyril Ramaphosa is the 5th and current president of South Africa. Michel belongs to Brazilian Democratic Political party. However, according to a 2020 report, president Kenyatta has agreed to take a voluntary cut of 80%. 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Christianity is one of such religions which is largely practised in Africa as a continent. In 2012, he received a three percent salary increase, earning $66,713 per annum. He came into power on the 24th of November 2017 following a coup launched by the Lacoste faction of ZANU-PF, which led to the resignation of late President Robert Mugabe. The organization is principally charged with gathering revenue on behalf of... As part of its effort to equip citizens with modern skills and tools to live in the 21st century, the Kenyan government has made... Joe Biden is one man who will remain in the public consciousness for some time to come. Second on the list of highest-paid African leaders is King Mohammed VI with an annual salary of $480,000, according to Africa Review. 2. He is the third and current president of Namibia, in office since 21 March 2015. Before becoming the President of South Africa in February 2018, he served as Deputy President from 2014 – 2018. Africa is a resource-rich continent a reason African presidents are ranked among the highest earners in the world. Nguesso has been the president of the Republic of Congo since 1997; he was previously President from 1979 to 1992. He earns an annual salary of $90,000. Below is the salaries list for ten of the highest paid presidents in Africa. President Uhuru Kenyatta has pointed out that Kenyan teachers are the third highest paid in Africa. John Dramani served as the president of Ghana from 24th July 2012 to 7th January 2017. Edgar Lungu, President of Zambia (Yearly Salary- $98,000) Compiled by My Wage. Things To Know About Alexander Hamilton and Why He is on $10 Bill. Denis Sassou Nguesso has been President of Congo-Brazzaville since 1979. He is the son of the former president of the county Omar Bongo. He earns $117,060 per annum. The presidents below are some of the Lowest Paid Presidents in Africa, 2018: 1. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! During his inauguration, he expressed his desire to tackle corruption, illiteracy, and improve living conditions. The highest paid actor gets around R120,000. Before becoming president in 2015, Geingob served as Namibia’s prime minister from 19990-2002 and 2012-2015. He has been in power since 2009 October. Yoweri Museveni is the president of Uganda, a position he has held since 1986. President Paul Biya has been ruling Cameroon since 6th November 1982, making him one of the current long-serving Non-royal heads of state in the continent and the world at large. Mohammed VI of Morocco – Net Worth: – $2.5 billion; First in our list is the Morrocan Monarch also the president. Although the position of the president of a country can be regarded as the highest that can be achieved in a country. SHARES. This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems.Often a leader is both in presidential systems.Some states have semi-presidential systems, where the head of government role is fulfilled by both the listed head of government and the head of state. Mostly because they want to cut government spending and improve the welfare of their people. With years of experience, it is not surprising that the highest paid CEO in South Africa comes from the major and well performing companies. Hage Geingob is the current President of Namibia. Cameroonian president Paul Biya tops the list of the highest paid heads of state in Africa with a monthly salary of Sh5.3 million. Mohamed Abdullahi Mohamed is a Somali diplomat and politician who is the current President of Somalia. The Kenya Revenue Authority (KRA) is an establishment owned by the Kenyan government. Also Read: Top 10 Richest Countries in Africa 2020 . Uhuru Kenyatta is the president of Kenya and one of the highest-paid African leaders with an annual salary of $166,000. Similarly, in 2016, President Khama’s salary was amended, together with that of cabinet ministers, the judiciary, and parliamentarians. Abdelmadjib Tebboune was elected in December 2019 and took power from former President Abdelaziz Bouteflika and former Acting Head of State Abdelkader Bensalah. Several sources claim Paul Biya has a net worth of $200 million. Date of Birth: 9th of February 1959; Assumption of office: 16th of October 2009; Salary: $65,000. Acting pays well in South Africa. President Mohamed Abdullahi Farmajo is among the highest-paid sitting African president with an annual salary of $120,000. In 2017, Kenyatta’s salary was cut by 13% to 17.3 million Kenyan shillings ($166,000), according to Quartz Africa. He has been ruling Morocco … Highest paid Africa presidents in 2020 and their Annual base pay: There is no gainsaying that African leaders heap a lot of benefits, especially in monetary terms.They are ranked among the highest-paid state leaders in the world, despite their countries being undeveloped, with high rates of unemployment and inflated wage bills. He led the executive branch of the Government of Malawi and was the commander-in-chief of the Malawian Defence Force. Nana Akufo is the current President of Ghana. In 2017, Kenyatta’s salary was cut by 13% to 17.3 million Kenyan shillings ($166,000), according to Quartz Africa. There are a few African leaders whose love for power can rival that of Comoros’ President, Azali Assoumani. South Africa – Richest Countries In Africa. He was born on November 17, 1952, and is a graduate of Law from the University Of Limpopo, South Africa. Being a celebrity comes with many positives as the fame and adulation from fans do great things for an artist's status. Uhuru Kenyatta is the president of Kenya and one of the highest-paid African leaders with an annual salary of $166,000. Some of these celebrities have changed careers to focus on their talents. Ali Bongo Ondimba of Gabon. He was previously the Prime Minister of Somalia and currently the 9th president of Somalia. Thus, it is against this backdrop that this article will focus on the Top Ten Richest Presidents in Africa. However, according to a 2020 report, president Kenyatta has agreed to take a voluntary cut of 80%. Lazarus Chakwera is the 6th and current President of Malawi. Sadly, most of the leaders are seemingly more interested in becoming wealthy through dubious means and this has seen them legitimatize earning enormous pay for services they mostly don’t render or don’t even know how to. Although African leaders are said to be among the highest earning presidents, there are still others who earn close to nothing every month. Cyril Ramaphosa; Cyril Ramaphosa is the fifth president South Africa. Ellen Johnson was the President of Liberia between 2006 and 2018. Mnangagwa pockets a whopping $146,590 annually as salary. According to Africa Review’s estimates, he earns about 22 times more than an average South African citizen. Forbes magazine has said that Obiang, with a net worth of US$600 million, is one of the world’s wealthiest heads of state. While some love him for toppling tyrants like Idi Amin and Milton Obote, others despise him for involving Uganda in the crisis with the Lord Resistance Army, the scrapping of term limits, and the high rate of poverty in the country. 35 36 37. He is said to pocket an annual salary of $65,000. Hassan Sheikh Mohamoud was the 8th President of Somalia who served the country in the prestigious position from September 16, 2012, to February 16, 2017. Egyptian president Abdel Fattah al-Sisi pledged to give up half his salary – and property – in 2014 when the country’s economy retracted after the upheaval of the Arab Spring. She received $90,000 per annum as her basic salary and was listed as the 70th most powerful woman in the globe by Forbes in 2014. Don't be caught. 10. Ian Khama served as the president of Botswana. This saw him take a pay-cut from $192,200 to $155,000 yearly. Did Ted Kennedy Have Children Or Siblings At The Time Of His Death? He takes home an annual salary around $168,000. A number of presidents in Africa have hypocritical small salaries but have control over their countries’ resources either personally or through family members. President of Zambia. Biya was born on February 13, 1933, and was educated at the National School of Administration, Paris. 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