PUBLIC BROADCASTER
SABC must consider cutting jobs to stay afloat, says CEO
The SABC has little choice but to consider job cuts as it continues to struggle to generate sufficient cash flow and to remain sustainable, according to CEO Madoda Mxakwe. Last week SA’s largest media organisation, which operates 18 radio stations and five television channels, said it had informed trade unions representing its employees that it will have to embark on a section 189 process with a view to cutting costs, including job losses. The public broadcaster, which recorded a net loss of R622m in the financial year ended March, spends more than R3bn a year on the salaries of just more than 3,000 employees. It has not reported a profit since 2013. In 2017 it reported a net loss of more than R1bn.
The SABC’s decision to consider job cuts, which could affect hundreds of employees, has irked the ANC. Ace Magashule, the party’s secretary-general said at the weekend it has decided "not to allow" the section 189 process to go ahead. The board of the public broadcaster hit back, s...
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