JOB CUTS R440m
The SABC plans to save R440m per annum by retrenching almost 1 000 of its permanent staff members and by reducing its freelance head count. It is also trying to get back another R60m which was lost to the public broadcaster due to alleged irregular appointments, salary increases and promotions. The broadcaster has indicated in a statement that the contracts of half of its
2 400 freelancers will not be renewed. During the 2017/18 financial year the broadcaster generated revenue of R6.6bn and suffered a loss of R622m. The salary bill is reported to be sitting at R3.1bn. Top management at the broadcaster has been purported to earn salaries running into millions per annum. Its controversial axed CEO Hlaudi
Motsoeneng earned close to R3m per annum. He was fired after being found guilty of bringing the SABC into disrepute and causing irreparable damage to his employer.
Hlaudi Motsoeneng Axed CEO of the SABC