SABC executives paid millions

Danie_V

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Apr 15, 2010
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260
Which is why so many don't want to pay TV licenses - SABC is paying high salaries to the detriment of their programming and creditors. Such inefficiency. Would be really interesting to know how many of those actually paying the TV license, actually watch SABC at all. And of those who actually watch SABC, how many pay their licenses. SABC has just become a tax burden of sorts. High time they rolled out the digital set-top boxes, and the TV license is made part of the subscription service to watch. That way they can manage it like Multichoice does.... what is SABC afraid of?
 

ConfusedR

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Jun 27, 2015
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1,121
Which is why so many don't want to pay TV licenses - SABC is paying high salaries to the detriment of their programming and creditors. Such inefficiency. Would be really interesting to know how many of those actually paying the TV license, actually watch SABC at all. And of those who actually watch SABC, how many pay their licenses. SABC has just become a tax burden of sorts. High time they rolled out the digital set-top boxes, and the TV license is made part of the subscription service to watch. That way they can manage it like Multichoice does.... what is SABC afraid of?

ANC will lose voters if free loaders have to pay.
The ANC will have to create ANOTHER tax to pay for these set top boxes for free loaders.
 

greg_SA

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May 24, 2005
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1,875
R2.5mil for a secretarial post?

Mind boggles
FYI, the Company Secretary is one of the highest positions in a company...

Wikipedia...
The company secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented. Despite the name, the role is not clerical or secretarial.
 

Nereus77

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Aug 19, 2008
Messages
612
Corruption is costly. Do you think BMW X5's pay for themselves? I'll never forgive the SABC (management) for what they did to 5fm.

I feel sorry for the worker bees in the news department though, shame.
 

eg2505

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Mar 12, 2008
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24,748
the SABC is turning into SAA,
especially now when people finally realize what BEE and Corruption and mismanagement ACTUALLY cost in the long term.
 

grok

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Dec 20, 2007
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24,212
The SABC has been infected by SOEvid '20

I say stop whining about the roosters coming home & bring this guy back, he's the only intellectual with all the answers..


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Whatever, go make a scene somewhere else.
 

Karln

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Sep 8, 2020
Messages
3
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.
What a farce this makes of transformation! Only transformation happening at SABC, as at most SOEs, is of taxpayers money into fancy offices and assets for incompetent cadres.
 

Shadowchaser1

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Nov 14, 2018
Messages
411
What value does the SABC add? It seems this woman who is CFO, just jumps from 1 useless SOE to another. And spin the same BS.
 

TEXTILE GUY

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Oct 4, 2012
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12,487
It is hard to believe that just 15 years ago the SABC - with a massive mandate to help stitch together our broken past - was a successful, commercially viable entity.

In the years of then CEO Peter Matlare, the organisation that I worked for more than 15 years was thriving, earning the title of employer of choice. It was under his reign that employees enjoyed a 14th cheque - so you got another month’s salary over and above your guaranteed-to bonus that we dubbed the 13th cheque.

So what changed -

3 March 2005: Rhoda Kadalie writes in her Business Day column that the SABC censored by omission the story about Richard Young’s court order to obtain Arms Deal documents which reveal huge ANC corruption.

26 April 2005:
Cyril Ramaphosa testifies in the Cape Town High Court in the R2.5 billion land claim by the Richtersveld community against the state-owned Alexkor’s mining operations. Ramaphosa is feared by Mbeki who believes he has presidential aspirations. Zikalala’s appointed cadre in the Western Cape regional news office, Jeffrey Twala, forbids his reporters from covering Ramaphosa’s testimony.

29 May 2005: “The SABC’s group chief executive, Peter Matlare, resigned at the end of January 2005 and the hunt is on for finding a new CEO. All the politically correct people in South Africa are vying for the job.

“Eddie Funde, chairman of the SABC board, has sparked concern among some politicians by insisting that the final recommendation of the new chief executive rests with the Cabinet and the Communications Minister, Ivy Matsepe-Casaburri.

“Which leaves South Africans with the question: who controls the SABC
?” Sunday Times editorial
 
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