NATIONAL Treasury is budgeting for a bumper payday for President Cyril Ramaphosa and the country’s deputy president.
The budget for the presidency in 2023/24 through to 2025/26 estimates that the president’s salary will increase from R4.2 million (unchanged from 2022/23) to R4.6 million over the period.
The deputy president, meanwhile, is budgeted to see an increase of R100,000 in 2023 to R3.6 million, ramping up to R4.0 million by the end of the period.
It must be noted that the budget estimates are not the confirmed salaries of the president and deputy president, but rather the room given in the budget for these payouts.
Government salaries are proposed by the Independent Commission for the Remuneration of Public Office Bearers – typically in March – which are then approved or altered by the president.
The commission also proposes the president’s salary, but it is up to parliament to approve this.
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