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Saturday Star reports that the SA Broadcasting Corporation (SABC) has spent almost R2 million on the recruitment process in respect of three top executives, and is still counting the cost.
And as the hunt for the executives drags on, the public broadcaster faces the risk of having “good and carefully selected candidates” withdrawing their applications. Crucially, the banks have indicated their reluctance to finance the SABC, citing instability because the positions of group CEO (GCEO), chief operations officer (COO) and chief financial officer (CFO) are being occupied on a temporary basis. This was revealed in correspondences between the SABC board members and in an affidavit responding to Communications Minister Mmamoloko Kubayi-Ngubane’s legal bid appealing the Pretoria High Court’s ruling limiting her powers in the appointment of these executives. The documents paint a picture of a board desperate to fill the three positions to defray costs and stop the SABC sliding further into financial crisis. The board has shortlisted and interviewed candidates for the GCEO and COO positions, and is screening the candidates. It has yet to advertise the CFO position - which could see the SABC incurring further costs.
- Read this report in full at Saturday Star
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