Politics is a lucrative business all over the world, but nowhere is this more evident than in Africa. Africa's political leaders are among the world's highest-paid civil servants. Some African countries spend so much money on sustaining the luxurious lives of their top leaders that there is nothing left over for the people to live on. In this post, we've mentioned the names of Africa's five highest-paid presidents:
1. Paul Biya
Since 1982, Paul Biya, also known as Cameroon's "lion man," has served as the country's president. He is one of the African continent's longest-serving presidents. After his predecessor, Ahmadou Ahidjo, unexpectedly resigned, the octogenarian has been ruling the West African nation. Despite being inspired to become a priest as a child by the Catholic missionaries in his village, he decided to educate himself in Paris and return to his village to enter the civil service. He rose to various ranks and senior roles as a result of his perseverance, determination, and hard work, eventually becoming the Prime Minister of Cameroon. After that, he became President, but once in office, he modified the country's governing methods and imposed authoritarian rule. Despite having a good trade relationship with other countries, he has failed to boost Cameroon's economic situation, owing to his inability to exercise proper control, management, and peaceful political transition. His monthly remuneration is US$50,833.33. He is Africa's highest-paid president.
2. Mohammed V
Mohammed V, also known as Mohammed Ben Youssef, was the first king of independent Morocco, having been born on November 19, 1961. He was effective in bringing together the disparate forces of Moroccan nationalism and assisting in the formation of national unity around the throne. Nothing in Mohammed's life in Fez foretold that he would become the ruler of Morocco. He was the third son of Moulay Youssef, the ruling sultan's brother, Moulay Hafid. When the French invaded Morocco in 1912, Moulay Youssef succeeded his brother as sultan. Mohammed Ben Youssef was raised in the royal palaces of Fez and Meknes, where he was tutored by an Algerian teacher. He received a traditional education focused on the Koran and some modern cultural elements, but he never learned French formally.
Initially, the king instituted reforms to give women more influence. WikiLeaks diplomatic cables have alleged widespread corruption in King Mohammed VI's court, implicating the king and his closest advisors. Protests against corruption and the need for democratic change erupted across Morocco in 2011, as part of the Arab Spring. In response, King Mohammed VI developed a reform program and a new constitution. On July 1, 2011, a public referendum approved these amendments. The king's net worth has been measured to be between US$2.1 billion and US$5 billion, and he was the richest king in Africa and the fifth richest king in the world in 2014, according to the American business journal Forbes. Mohammed VI paid about $38,600 a month, less than a typical company owner, according to the privately owned Moroccan magazine Tel Quel, which took the unusual step of reporting the leader's salary. He will receive $463,000 a year based on this estimate.
3. Cyril Ramaphosa
Mr. Matamela Cyril Ramaphosa is the President of the Republic of South Africa, which he assumed on February 15, 2018. On June 3, 2014, Mr Ramaphosa was appointed Chairman of the National Planning Commission.
He was elected Deputy President of the African National Congress in December 2012. (ANC). In 1971, Mr Ramaphosa graduated from Mphaphuli High School in Sibasa, South Africa. He graduated from the University of South Africa with a law degree in 1981. The University of Massachusetts, the University of Cape Town, the National University of Lesotho, the University of KwaZulu-Natal, and the University of the North have all awarded Mr Ramaphosa honorary doctorates. From 25 May 2014 to 15 February 2018, Mr Ramaphosa served as the Deputy President of the Republic of South Africa. In 1972, Mr Ramaphosa enrolled at the University of the North, where he became active in student politics by entering the South African Student Organisation (SASO) and the Black People's Convention (BPC). In 1974, he was arrested for organizing pro-Frelimo demonstrations to commemorate Mozambique's independence. Following the Soweto student revolt in 1976, he was arrested for the second time and later imprisoned.
In 1982, Mr Ramaphosa became the National Union of Mineworkers' first general secretary. He was elected ANC Secretary-General in 1991 and later became the head of the ANC team that mediated the democratic transition. He was elected chairperson of the Constitutional Assembly, which drafted South Africa's first democratic constitution, following the country's first democratic elections in 1994. In 1996, Mr. Ramaphosa entered the private sector. He founded Shanduka Group in 2001 and served as its executive chairman. Mr Ramaphosa was appointed as the Commonwealth Business Council's First Deputy Chairperson. From 2010 to 2014, he was the deputy chairperson of the National Planning Commission. In 1987, he was awarded the Olof Palme prize in Stockholm, and in 2007, he was named one of Time's 100 Most Influential People in the World. President Jacob Zuma presented him with the National Order of the Baobab in Silver in 2009 for his contribution to the multiparty talks and for chairing the Constitutional Assembly that drafted the new Constitution. Every month, he earns US$21,174.67.00.
4. Uhuru Kenyatta
Uhuru Muigai Kenyatta is a Kenyan politician and businessman who is currently serving as the country's fourth President. He is the son of Jomo Kenyatta, Kenya's founding father and the country's first president. Uhuru attended St Mary's School in Nairobi, and then went on to Amherst College in the United States to study economics, political science, and government. After graduation, Uhuru returned to Kenya and established Wilham Kenya Limited, through which he sourced and exported agricultural produce.
Uhuru Kenyatta's first foray into mainstream politics was a 1997 bid for the Gatundu South parliamentary seat, which he narrowly lost in the general election. He was nominated to parliament in 2001 and later named to the cabinet as Minister for Local Government, despite losing the election. He was nominated by the KANU party as their presidential candidate because of his excellent success as Minister for Local Government, but he lost to Mwai Kibaki once again. Following the political instability in Kenya in 2007 and 2008, he was named Deputy Prime Minister and Minister of Finance in his share of Cabinet slots as part of a power-sharing agreement. Finally, in 2013, Uhuru Kenyatta, Kenya's new president, was elected as part of the Jubilee Alliance with his running mate William Ruto's United Republican Party (URP).
Even though he ordered that a portion of his salary be reduced in 2014, he remains Africa's fourth highest paying president. He receives a monthly salary of US$13,860.
5. Emmerson Mnangagwa
Emmerson Dambudzo Mnangagwa, a Zimbabwean revolutionary and politician, was born on September 15, 1942, and has been President of Zimbabwe since November 24, 2017. He was a longtime ally of former President Robert Mugabe and a member of the ZANU–PF party. He served as Mugabe's Vice President until November 2017, when he was ousted before taking power in a coup d'état. In the contentious 2018 general election, he won his first full term as president.
He is ranked the fifth highest paid African president. He earns US$12, 272.08 monthly.
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