Which Are the Best Paying Positions in Africa?

Looking for a better job opportunity in Africa? One of the factors that people look for when starting a new job or switching jobs is the salary package. If you are wondering which are the best paying positions in Africa, here is a list of nine job titles that pay lucrative salaries.

Nine Best-Paying Positions in Africa

IT industry

One of the most in-demand and the highest-paying jobs are in the IT (Information Technology) industry. Some of the job roles that earn the highest include the Chief Information Officer, IT manager and software developer/engineer.

Chief Information Officer (CIO)

The CIO is responsible for developing strategic technology planning and improving the processes and procedures related to the company’s IT systems. The CIO drives new technology initiatives while evaluating their business impact.

The annual pay of a chief information officer is R1.4 million on average at small to medium enterprises(SME), while it can go up to R1.8 million at multinational companies.

IT Managers

IT managers have a degree in information science or computer science and are responsible for planning, leading, and coordinating all IT-related activities of a company. Apart from offering technology solutions, IT managers are tasked with building cost-effective systems.

IT managers earn anywhere from R 620,000 to R 800,000 when employed in SMEs, while multinational companies typically offer R 1.2 million per year.

Software Developers/Engineers

Software engineers and developers design, develop and maintain software programs and have a degree in software programming and computer science. While the head software developer earns R 1 million per year at an SME, they can earn up to R 1. 3 million in multinational companies.

Oil, Gas, and Mining

The other sectors that offer lucrative salaries are the mining, oil, and gas sectors. Petroleum engineers complete a degree in the same subject in the university and are responsible for developing methods for the extraction of oil and gas.

While the pay varies based on experience, location, and the job role, a petroleum engineer with one to four years of experience earns R 494,348 per year on average. With 5 to 9 years of experience, a petroleum engineer earns R 600,779 on average.

Doctors and Lawyers

Surgeons and doctors have one of the highest-paying careers, given the high risk and complexities of the job. While the earnings of doctors depend on their speciality and experience, the average salary General surgeons earn is R 625,550.

With legal matters requiring the expertise of qualified and experienced lawyers, this professional is constantly in demand. Starting salaries of lawyers and attorneys range from R 643,440 to R655,000, while this goes up along with experience.

Management Consultants

Management consultants help companies create value, improve their performance and solve problems. The average Management Consultant pay in South Africa is R 410,820. At the entry level, the pay averages R291,987, while a consultant with five to nine years of experience earns an average of R520,163. A senior consultant with more than ten years of experience can earn up to R908,237.

Finance Professionals

Finance professionals, including Chartered Accountants, finance managers, and bank managers, are among those who earn a high salary in Africa. For instance, a Chartered Accountant makes R 434,191 per year on average, while a bank manager earns R 393, 938 on average per year.

Pilots

One of the best-paying positions in Africa is that of a pilot who earns R 695,800 annually. Being highly technical, the role requires specialized, extensive training.