Fred Khumalo Columnist

The remarkable thing about Hlaudi Motsoeneng is that you never know when to stop laughing and when to start crying. We laughed when he appointed two bodyguards to accompany him wherever he went, including inside the SABC buildings. We should have started howling in outrage at taxpayers’ funds being squandered with such impunity. We also laughed when he started referring to himself in the third person, when we should have called him out for throwing his weight around, firing competent managers, in the editorial and financial departments alike, only to surround himself with sycophants who would cater to his every whim. By the time he was finally given the heave-ho from the public broadcaster, after rewarding himself with a performance bonus of R11.4m in 2016, we had stopped laughing. But it was too late. The public broadcaster was in the financial doldrums and Motsoeneng was entitled to a multimillion-rand pension. The SABC is now seeking an interim order to stop its pension fund, a s...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.