SABC executives paid millions

Pegasus

Executive Member
Joined
May 17, 2004
Messages
7,672
Must be Covid?

The SABC recorded R202 million in irregular expenditure while it had R27 million in fruitless and wasteful expenditure.
Y Van BiljonCFOR3.202 million
NN WotshelaGroup Executive: RadioR2.791 million
TP ZikodeChief Audit ExecutiveR2.776 million
LV BayiCompany SecretaryR2.553 million
J ThekisoGroup Executive: Human ResourcesR2.496 million
PP MagopeniGroup Executive: NewsR2.423 million
NJ VanaraGroup Executive: Governance and AssuranceR2.405 million


Some interview ideas...

It would be fascinating to see interviews of these people explaining where this money went on their watch and why they deserve these salaries.
The CEO can tell us why we should pay more in license fees.
 

Afon Kulikov

Forging
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Feb 24, 2016
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tenor.gif
 

|tera|

Master of Messengers
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Mar 31, 2006
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The SABC execs deserve their pay because they work so hard on making people pay TV licenses for their Nokia 3310s.
That was my first phone.
Worked better than most phones today.
I think these tools would spend millions just to see if feature phones need to be included in license fees.

As per a previous wtf article. They want to license 'da internet'.

Fkn daft twats.
 

Icemanbrfc

Honorary Master
Joined
Jul 28, 2011
Messages
18,186
SABC executives paid millions

The SABC published its 2019/20 annual report in Parliament on 17 November 2020, which revealed a net loss of R511 million over the last financial year.

Total revenue at the state broadcaster declined by 12% year-on-year to R5.7 billion, which was attributed partly to a decrease in advertising spend.
Oh, and now they want us to pay a licence for our phone? Tsek
 

clickingbuttons

Expert Member
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Mar 18, 2018
Messages
1,068
In all fairness this is also a problem in private corporations too.

CEO pay is very much out of touch with reality especially when these companies are making losses.
 

Fulcrum29

Honorary Master
Joined
Jun 25, 2010
Messages
43,229
I wouldn't want to be the SABC's CFO, tough appointment that one. I listened to the SABC interview and it makes sense, but it is like postponing the inevitable. I hope her strategy pans out, but I don’t agree with the TV licence and royalty scheme as the SABC simply don't add any value whatsoever. I don't value the state broadcaster, and due to the situation they are in they are punishing the consumer which pays their TV licence. As said, postponing the inevitable, they are in survival mode and enterprise wide cuts must be made.

Also, please, COVID isn't a excuse.

Meh.
 

Gatecrasher

Executive Member
Joined
Jan 11, 2005
Messages
6,540
If the SABC cannot operate like a private company, why pretend it can ? It is so hamstrung with social obligations it cannot possibly run profitably.

It should be run like a chapter 9 institution, financed with an annual budget from government, and run independently.

And for goodness sake drop the silly licence fees.
 

j4ck455

Executive Member
Joined
Jan 2, 2006
Messages
6,710
I wouldn't want to be the SABC's CFO, tough appointment that one. I listened to the SABC interview and it makes sense, but it is like postponing the inevitable. I hope her strategy pans out, but I don’t agree with the TV licence and royalty scheme as the SABC simply don't add any value whatsoever. I don't value the state broadcaster, and due to the situation they are in they are punishing the consumer which pays their TV licence. As said, postponing the inevitable, they are in survival mode and enterprise wide cuts must be made.

Also, please, COVID isn't a excuse.

Meh.
A quick Google of her name revealed some surprising info:
9c22ea7a4d8bf942ee833accfdbfeb599b5cb0b44b7a1763d34a707a2a38cf95.png

Maybe it's time for her to go back to Denel.

And Googling her boss:
af1c1a866d0899abc08ba34b0b16d77e125f070303b835daa83b460e369cc0b8.png

Maybe he should go back to making baby formula or whatever at Nestle.
 
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