Today's Labour News

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sabcBusinessLive reports that the SA Broadcasting Corporation (SABC) has dismissed reports that its CEO Madoda Mxakwe has resigned.  

However, it did not deny speculation that at least three board members had stepped down after clashing with communications minister Stella Ndabeni-Abrahams over planned retrenchments at the corporation.  “The SABC has noted media reports speculating that three members of the SABC board have resigned.  The relevant and correct authority to comment on SABC board resignations is the presidency,” said SABC spokesperson Neo Momodu.  It is understood that board members Khanyisile Kweyama and John Mattison have tendered their resignations to President Cyril Ramaphosa, and more members are set to follow suit.  Board members are seemingly unhappy with the government's interference and believe that their best efforts to turn the broadcaster around will fall flat under the current circumstances.  Should more nonexecutive directors of the SABC resign, it will leave the board without a quorum, which could lead to its dissolution.  The board already has four vacancies.  The board is meant to have 12 members and it needs nine members, including the three executives, for a quorum.  Previous boards have collapsed due to political interference.  In a strongly worded letter to the board at the weekend, Ndabeni-Abrahams accused it of not acting in the best interest of the public broadcaster as it pressed on with retrenchments.

  • Read the full original report by Bekezela Phakathi at BusinessLive
  • Read too, CEO Madoda Mxakwe and other executives have not resigned, says SABC, at IOL News

Get other news reports at the SA Labour News home page