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Managing Director salary in South Africa

Average Yearly Salary of Managing Director in South Africa is approximately 409,710 ZAR (20,477 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Managing Director do?

occupation personasA Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.

Skills: Managing Director, Executive Leadership, Strategic Management, Operational Efficiency, Financial Targets, Stakeholder Relations
Job industry: Business


How much does Managing Director make?

Salary details
How much does Managing Director make?
Estimated Yearly Salary: 409,710 ZAR
Estimated Monthly Salary: 34,143 ZAR
Estimated Weekly Salary: 7,879 ZAR per week
Estimated Hourly Salary: 197 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 394,640 ZAR
Estimated Monthly Salary: 32,887 ZAR
Estimated Weekly Salary: 7,589 ZAR per week
Estimated Hourly Salary: 190 ZAR per hour
Last revision of data: 2024-01-06



Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 20,477 USD
Estimated Monthly Salary: 1,706 USD
Estimated Weekly Salary: 394 USD per week
Estimated Hourly Salary: 10 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.

Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Managing Director job salary compared to average salary in South Africa.
Comparison shows that a person working as Managing Director in South Africa earns on average:
3.23 times the average salary (or 323% of average salary).

Is Managing Director a well paid job?

Yes, our data show that Managing Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Managing Director?

High salary for Managing Director would be somewhere between 450,681 ZAR and 594,080 ZAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Managing Director in South Africa?

Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 409,710 ZAR
Estimated Monthly Salary: 34,143 ZAR
Estimated Weekly Salary: 7,879 ZAR per week
Estimated Hourly Salary: 197 ZAR per hour
By working as Managing Director a person can save up to 1,435 USD per month or 17,223 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in South Africa, see costs of living in South Africa.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Managing Director

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in South Africa

(1,412,867 ZAR per year, pre-tax.)
(1,176,011 ZAR per year, pre-tax.)
(1,138,908 ZAR per year, pre-tax.)
(1,102,268 ZAR per year, pre-tax.)
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
(1,071,922 ZAR per year, pre-tax.)
(1,071,632 ZAR per year, pre-tax.)

Data as of 2025

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Please note:
The salary figures presented here are meant for reference purposes only.
This website aggregates salary information for educational purposes exclusively. While we strive to deliver correct figures, we cannot warrant their absolute reliability. Users are highly encouraged to consult additional sources before finalizing financial decisions. Salary figures fluctuate based on several factors, such as location, job role, and individual qualifications. We make no claims as to the correctness of the listed information. Your use of this site indicates agreement of this notice.
This website aggregates salary data for reference purposes exclusively. While we endeavor to present correct figures, we do not warrant their full reliability. Users are highly encouraged to consult additional databases before making career-related plans. Salary amounts fluctuate based on multiple factors, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the correctness of the provided data. Your use of this site indicates agreement of this notice.