20°C / 22°C
  • Sat
  • 26°C
  • 12°C
  • Sun
  • 27°C
  • 13°C
  • Mon
  • 28°C
  • 12°C
  • Tue
  • 27°C
  • 12°C
  • Wed
  • 28°C
  • 13°C
  • Thu
  • 29°C
  • 13°C
  • Sat
  • 18°C
  • 11°C
  • Sun
  • 18°C
  • 11°C
  • Mon
  • 20°C
  • 10°C
  • Tue
  • 17°C
  • 11°C
  • Wed
  • 18°C
  • 10°C
  • Thu
  • 18°C
  • 10°C
  • Sat
  • 30°C
  • 13°C
  • Sun
  • 30°C
  • 14°C
  • Mon
  • 31°C
  • 14°C
  • Tue
  • 29°C
  • 14°C
  • Wed
  • 30°C
  • 14°C
  • Thu
  • 30°C
  • 15°C
  • Sat
  • 28°C
  • 14°C
  • Sun
  • 28°C
  • 15°C
  • Mon
  • 31°C
  • 14°C
  • Tue
  • 30°C
  • 15°C
  • Wed
  • 31°C
  • 13°C
  • Thu
  • 30°C
  • 16°C
  • Sat
  • 21°C
  • 15°C
  • Sun
  • 23°C
  • 17°C
  • Mon
  • 22°C
  • 19°C
  • Tue
  • 28°C
  • 20°C
  • Wed
  • 22°C
  • 18°C
  • Thu
  • 23°C
  • 18°C
  • Sat
  • 16°C
  • 11°C
  • Sun
  • 18°C
  • 11°C
  • Mon
  • 20°C
  • 10°C
  • Tue
  • 17°C
  • 13°C
  • Wed
  • 18°C
  • 13°C
  • Thu
  • 21°C
  • 12°C
  • Sat
  • 20°C
  • 4°C
  • Sun
  • 21°C
  • 5°C
  • Mon
  • 22°C
  • 7°C
  • Tue
  • 15°C
  • 8°C
  • Wed
  • 18°C
  • 10°C
  • Thu
  • 22°C
  • 10°C
  • Sat
  • 18°C
  • 10°C
  • Sun
  • 17°C
  • 9°C
  • Mon
  • 18°C
  • 10°C
  • Tue
  • 16°C
  • 11°C
  • Wed
  • 18°C
  • 11°C
  • Thu
  • 20°C
  • 11°C
  • Sat
  • 31°C
  • 14°C
  • Sun
  • 32°C
  • 16°C
  • Mon
  • 32°C
  • 14°C
  • Tue
  • 31°C
  • 15°C
  • Wed
  • 33°C
  • 15°C
  • Thu
  • 33°C
  • 17°C
  • Sat
  • 24°C
  • 10°C
  • Sun
  • 29°C
  • 12°C
  • Mon
  • 30°C
  • 10°C
  • Tue
  • 28°C
  • 18°C
  • Wed
  • 29°C
  • 12°C
  • Thu
  • 31°C
  • 10°C
  • Sat
  • 28°C
  • 13°C
  • Sun
  • 28°C
  • 15°C
  • Mon
  • 31°C
  • 12°C
  • Tue
  • 31°C
  • 12°C
  • Wed
  • 34°C
  • 13°C
  • Thu
  • 27°C
  • 14°C
  • Sat
  • 16°C
  • 10°C
  • Sun
  • 17°C
  • 9°C
  • Mon
  • 20°C
  • 8°C
  • Tue
  • 17°C
  • 12°C
  • Wed
  • 17°C
  • 11°C
  • Thu
  • 22°C
  • 10°C

SABC announces restructuring process, jobs cuts expected

The public broadcaster, which is struggling to pay its creditors, has met with labour unions to inform them of impending cost-cutting measures which include reducing its huge salary bill.

FILE: The SABC headquarters in Johannesburg. Picture: Supplied

JOHANNESBURG - The cash-strapped South African Broadcasting Corporation (SABC) has announced a restructuring process that is expected to result in massive retrenchments.

The public broadcaster, which is struggling to pay its creditors, has met with labour unions to inform them of impending cost-cutting measures which include reducing its huge salary bill.

The news was broken to staff on Friday afternoon.

Last month, the SABC told Parliament how it was in dire financial trouble and in a statement on Friday afternoon it appears not much has changed.

CEO Madoda Mxakwe has described finances at the public broadcaster as dismal with a total revenue of R6.6 billion against a budget of R7.3 billion. This resulted in a net loss of R709 million.

Mxakwe says one of the biggest costs to the SABC is its R3.1 billion salary bill which they’re looking to reduce.

The Broadcasting, Electronic, Media and Allied Workers Union (Bemawu)’s Hannes du Buisson says there are other avenues that could be explored.

“We believe that board members should not be paid for their services at the SABC. It should be a public service of which those board members should be proud [of] and do that for free.”

It's not clear how long the restructuring process will take and when the job cuts will be implemented.

(Edited by Thapelo Lekabe)

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus