The SABC recently released its annual financial report for 2018, which detailed a poor set of results.
The SABC reported a loss of R622 million for the year ended 31 March 2018, which was an an improvement over its restated loss of R1 billion in the previous financial year.
This was despite a revenue figure of R6.6 billion.
According to SABC chairman Bongumusa Makhathini, the SABC board has implemented measures to stabilise the corporation and address “endemic levels of corruption and maladministration that have been prevalent at the SABC for many years”.
“Self-inflicted actions like the arbitrary 90-10 decision continue to impact on the SABC’s revenue,” he added.
Phumzile Van Damme, Shadow Minister of Communications for the DA, said the report “paints a grim picture about the state of the SABC’s financial affairs”.
As part of the annual report, the SABC is required to disclose the pay its executives receive.
The remuneration section of the report details pay to board members, senior management, and executive directors.
With the state broadcaster running at a big loss, and government bailouts said to be planned for the SABC, executive pay is understandably under the spotlight on a continual basis.
The SABC’s list of executives and senior management consists of over two dozen people, many of whom received over R1 million in total remuneration for the year.
The table below details the remuneration section of the SABC’s latest financial report, with individuals earning over R1 million included.
|SABC Remuneration 2018|
|Philiso NP||CFO||R3.1 million|
|Tugwana BL||Group Executive||R2.9 million|
|Geldenhuys TV||Group Executive||R2.9 million|
|Mulaudzi T||Group Executive||R2.6 million|
|Motsweni SM||Group Executive||R2.5 million|
|Ralitabo TE||Group Executive||R2.5 million|
|Bayi LV||Company Secretary||R2.3 million|
|Kganyago MK||Group Executive||R1.9 million|
|Dlamini TS||Acting CFO||R1.5 million|
|Jiyane HM||Acting Group Executive||R1.5 million|
|Yunus Z||Acting Group Executive||R1.4 million|
|Mathebula SJ||Acting Group Executive||R1.3 million|
|Kweyama Khanyisile Thandiwe||Board Member||R1.3 million|
|Tsedu Mathatha Godfrey||Board Member||R1.2 million|
|Mosweu KE||Acting Group Executive||R1.1 million|
|Williams RV||Acting Group Executive||R1.1 million|
|Moilwa MP||Acting Group Executive||R1.1 million|
|Naidoo Krish||Board Member||R1 million|
|Matisonn Jonathan||Board Member||R1 million|
|Ramakgolo LE||Acting Group Executive||R1 million|