{"id":546685,"date":"2005-08-23T18:54:32","date_gmt":"2005-08-23T18:54:32","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/546685-14th-cheque-for-everyone-sabc.html"},"modified":"2005-08-23T18:54:32","modified_gmt":"2005-08-23T18:54:32","slug":"14th-cheque-for-everyone-sabc","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/546685-14th-cheque-for-everyone-sabc.html","title":{"rendered":"14th cheque for everyone – SABC"},"content":{"rendered":"

Trebled pay cheques are the SABC\u2019s thanks to the staff for making a whopping R240.3mn net profit \u2013 the highest the organisation has seen in seven decades.<\/p>\n

Total revenues in the financial year to March 31 reached R3.314-bn, up 22% compared to the previous year\u2019s performance. Operating expenditure increased by 8%, enabling the SABC to report a 141-fold increase on the R1.7-mn profit for the financial year to March 2004.<\/p>\n

\u201cThese are the best results in the entire history of the SABC, and represent the fruits of an informed business strategy which has been successfully implemented by the SABC management team,\u201d Eddie Funde, chairperson of the board said.<\/p>\n

Funde said when the new board took over last year, it set goals for itself and the corporation when it came into office and that they can see progress being made.
\u201cFirst, we set the task of ensuring innovative programming that is informative and entertaining. And, most importantly, we identified the challenge of ensuring that this programming was made available in all the official languages.<\/p>\n

\u201cIf we look back now, we can say that excellent progress has been made in this regard. We have seen increased local content and local language use on most, if not all, the SABC platforms,\u201d he said. <\/p>\n

Funde said that the increase in local content had been matched up with an increase in audiences.<\/p>\n

Both radio and television news audiences have increased dramatically over the past year. Current affairs radio audiences have grown by about 1.5 million listeners and all but one of the TV bulletins have recorded an increase in audiences.<\/p>\n

\u201cTo us as a board, there is no doubt that tremendous progress has been made in meeting our objective of ensuring compelling, professional and authoritative news and current affairs programming. We believe the current drive into Africa, with the opening of several new bureaus, will only add to the quality of news programming available, and that we will continue to see increased audience levels,\u201d he said. .
Funde said that the SABC continued to show financial stability, with positive financial results for the second year in a row. <\/p>\n

\u201cIn fact, this year the SABC has shown a profit of R200-mn, compared to the R2-mn profit shown last year. So there is no doubt that the SABC is on a sound financial footing, and is able to channel those profits back into crucial areas such as local programming and the development of new content,\u201d Funde said. <\/font><\/p>\n

Source:\u00a0 <\/font>http:\/\/www.moneyweb.co.za<\/font><\/a><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Everybody working for the South African Broadcasting Corporation (SABC) will be getting\u2026no not a 13th cheque, but a 14th cheque, Paul Setsetse, spokesperson for the national broadcaster told Moneyweb.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-546685","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/546685"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=546685"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/546685\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=546685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=546685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=546685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}