Madoda mxakwe
SABC continues to see improvements, says CEO Mxakwe
The public broadcaster presented its 2019/2020 annual report, indicating that year-on-year fruitless and wasteful expenditure now stood at R27 million.
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SABC reports R511 million net loss, TV licence revenue drops by 18%
SABC Group CEO Madoda Mxakwe on Tuesday presented the public broadcaster’s 2019/2020 annual results for the financial year that ended in March.
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SABC says retrenchments part of plans to be financially stable
The state-owned broadcaster said it had notified 600 employees that they could be retrenched. The SABC met with unions and employees as it planned to begin the retrenchment process.
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SABC: Chris Maroleng's claims are unfounded and defamatory
The SABC said it would oppose the court application brought by its former chief operating officer in which he is demanding R16 million or his job back.
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Maroleng: SABC dismissal hurt my reputation
The SABC fired chief operating officer Chris Maroleng last year after a disciplinary hearing found him guilty of misconduct, but he said the way he was fired was wrong and unlawful.
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Disgruntled employees behind memo leak, says SABC board
The SABC board says the claims levelled against its chief executive officer Madoda Mxakwe, CFO Yolande van Biljon are intended to bring the SABC into disrepute.
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SABC board condemns leaking of document with allegations against GCEO and CFO
The SABC board described the distribution of the memorandum, authored by non-executive directors Mamodupi Mohlala-Mulaudzi and Marcia Socikwa as ‘highly prejudicial’.
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SABC: There won’t be TV blackout despite financial woes
The SABC’s leadership addressed Parliament’s communications committee on the steps being taken to fix the ailing state-owned broadcaster.
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Rights to Rugby World Cup matches 'not commercially viable' for SABC
The public broadcaster's leadership was addressing Parliament's communications committee on Tuesday on the steps being taken to fix it.
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SABC technically insolvent, employees depressed, Zondo Inquiry hears
SABC CEO Madoda Mxakwe testified at the state capture commission of inquiry on Tuesday where he discussed their efforts to turn the organisation around.
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WATCH LIVE: Zondo Inquiry zooms in on SABC editorial integrity
SABC chief executive Madoda Mxakwe and Phathiswa Magopeni are expected to shed further light on the current state of the public broadcaster with particular focus on newsroom independence and editorial integrity.
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SABC relying on goodwill of service providers to get by - CEO
The SABC said its dire financial situation worsened during the 2018/19 financial year and the corporation ended with a cash balance of only R72 million in the bank.
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Mxakwe: SABC will be factually insolvent by end of March if nothing done
The SABC expects to make a net loss of R568 million this year. This is R281 million more than forecast in its budget.
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SABC confirms group CEO Madoda Mxakwe has not resigned
Reports emerged on Monday night that three members of the public broadcaster also stepped down.
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SABC to urgently implement inquiry recommendations into sex harassment
The commission on Tuesday released its report which revealed that the broadcaster's HR department failed to follow procedures outlined in the SABC’s policy on sexual harassment.
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SABC to cut jobs across the board, Parly committee told
The SABC’s wage bill soared under the tenure of disgraced former COO Hlaudi Motsoeneng and now stands at R3.1 billion, nearly 43% of operating expenditure.
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SABC’s expenditure outstrips its revenue, MPs hear
The public broadcaster’s board and top management came to tell the communications oversight committee of their plans to put it back on track.
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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.
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SABC appoints new group CEO, CFO
The two replace Nomsa Philiso and Thabile Dlamini, respectively, who have been in acting positions for almost a year.
