Loss-making SABC keeps Hlaudi Motsoeneng’s package confidential
The public broadcaster was also secretive about the travel arrangements for two executives attending a conference at a luxury resort in Mauritius
THE South African Broadcasting Corporation (SABC) is not saying a word about the salary package that will be paid to its new head of corporate affairs‚ Hlaudi Motsoeneng.Motsoeneng attended the presentation on Thursday of the broadcaster’s annual results‚ which confirmed a net loss of R411m for the 2015-16 financial year.SABC CEO James Aguma told reporters in Johannesburg on Thursday that the losses were due to relatively low funding contributions from government, servicing retired personnel and supporting mandated content, including for minority sporting codes, with a negative return on investment.He said the SABC had a cash balance of R881m, trying to dispel speculation that the public service broadcaster was out of cash.READ THIS: Hlaudi Motsoeneng's new job is the last straw, says ANC chief whipConfidential packageSABC spokesman Kaizer Kganyago said he could not disclose details about Motsoeneng’s remuneration package."No‚ we can’t answer that. Salaries of people are an interna...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.