SABC CEO tells inquiry of ‘dire situation’ after years of problems
Madoda Mxakwe tells the state-capture inquiry the SABC is technically insolvent, overburdened by staff salaries, and drowning in irregular expenditure
SABC CEO Madoda Mxakwe says his team inherited an organisation in financial ruin stemming from years of disregard for internal controls and governance processes.
Testifying at the state-capture inquiry on Tuesday, Mxakwe described a dire situation at the public broadcaster, which is technically insolvent, overburdened by staff salaries, and drowning in irregular expenditure...
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