Today's Labour News

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sabcBusinessLive reports that the looming retrenchments at the cash-strapped SA Broadcasting Corporation (SABC) will affect all occupational levels, including senior management, parliament heard on Tuesday.  

Briefing parliament’s communications portfolio committee on the public broadcaster’s turnaround strategy, SABC executives also said that they were pushing for an increase in TV licence fees in an effort to boost revenue.  The SABC, which recorded a net loss of R622m in the financial year ended March, is in the midst of a severe financial crisis.  It has mainly attributed its losses over the years to declining advertising revenue across all platforms, coupled with deteriorating TV licence fee collection.  The broadcaster has also bemoaned the fact that it is underfunded by government.  While the board maintains it has no choice but to lay off hundreds of workers to remain sustainable, communications minister Nomvula Mokonyane and various MPs are strongly opposed to the job cuts.  SABC spends more than R3bn a year on the salaries of more than 3,000 employees.  The organisation paid just more than R45m in salaries to its 40 senior managers in the financial year ended March.  SABC CEO Madoda Mxakwe said that "staff optimisation will focus across the board.  We are not just focusing on the lower levels.”

  • Read this report by Bekezela Phakathi in full at BusinessLive


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