SABC board left toothless as more directors resign
The resignations leave the board on the brink of collapse
The SABC sunk into a deeper crisis on Thursday following the resignation of a fourth director, which has left the broadcaster’s board without the quorum required to make decisions. The resignations leave the board on the brink of collapse at a time when it is trying to rescue the SABC from financial collapse. The broadcaster, which has been unable to pay all its creditors, warned in November that it would not be able to pay some salaries by February, unless a R3bn guarantee was secured from the government. The resignation of the four directors — veteran journalists Mathatha Tsedu and John Matisonn, business leader Khanyisile Kweyama and attorney Krish Naidoo — comes as the SABC is planning to cut about 2,200 permanent and freelance staff, nearly 40% of its total staff, in an attempt to salvage its finances. Their resignations came in the wake of a scathing letter by communications minister Stella Ndabeni-Abrahams to the board in which she accused the nonexecutive directors of not ac...
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