SABC staff members did not receive their salaries today, which immediately caused speculation that the broadcaster had run out of money.<\/p>\n
There have been numerous reports that the SABC is in severe financial trouble and that it was almost of out of funds.<\/p>\n
When asked about why the SABC had not paid staff salaries, which were expected today, and if the broadcaster had run out of money,\u00a0SABC spokesperson Neo Momodu dismissed the claims.<\/p>\n
Momodu said a technical error at their bank was to blame for employees not being paid and the SABC had not run out of money.<\/p>\n
The problem was expected to be resolved within the next few hours, added\u00a0Momodu.<\/p>\n
\u201cThe payments have been made by the SABC to the banks and we expect employees to be paid on 29 January.”<\/p>\n
To see if\u00a0Momodu and the SABC were telling the truth about the salary issue, MyBroadband contacted South Africa’s banks for feedback.<\/p>\n
Nedbank said the SABC\u2019s January 2019 payroll “has been impacted due to the payment validation processes put in place between the SABC and Nedbank”.<\/p>\n
“This has now been finalised and salaries will be paid to SABC staff this afternoon, 29 January,” said Nedbank.<\/p>\n
Absa stated that \u201cas a bank we don\u2019t confirm who is or isn\u2019t our client”. “I\u2019m afraid this is not a matter we would comment on.”<\/p>\n