Cape Town – Tuesday, 25 September 2018 – The South African Broadcasting Corporation (SABC) board and executive management team appeared before the Parliamentary Portfolio Committee on Communications today to present the Corporation’s turnaround strategy. The Committee was very supportive and commended the SABC Board on its plans.

In the presentation, led by the SABC board chairperson, Bongumusa Makhathini, the SABC gave the committee assurance that the Board had put in place the required expertise and experience to turnaround and drive the SABC forward. These include the appointment of the executive board members namely, the Group Chief Executive Officer, the Chief Operations Officer and the Chief Financial Officer. The executive board members are responsible for driving the implementation of the turnaround strategy with the support of a competent executive management team.

Johannesburg – Friday, 21 September 2018 –The South African Broadcasting Corporation (SABC) is pleased to announce that the Broadcasting Complaints Commission of South Africa (BCCSA) has ruled in its favour, in a complaint lodged by the Democratic Alliance (DA).

The DA had alleged that the SABC had provided the party insufficient opportunity to present opposing views to ANC President Cyril Ramaphosa’s address on the land reform issue and the economy.

Johannesburg – Thursday, 20 September 2018 – The South African Broadcasting Corporation (SABC) welcomes the Commission for Conciliation, Mediation and Arbitration (CCMA) decision which ruled in favour of the SABC, in the case brought forward by Mr Hlaudi Motsoeneng against the organisation, regarding his dismissal.

Johannesburg- Friday, 14 September 2018-The South African Broadcasting Corporation (SABC) met with organised labour yesterday to inform them that the organisation contemplates implementing section 189 of the Labour Relations Act (LRA). This forms part of the cost cutting measures, which includes the assessment of key cost drivers, in order to make the organisation financially sustainable and fit for purpose.
The SABC Group Chief Executive Officer, Madoda Mxakwe addressed staff on Friday, 14 September 2018 and communicated the dire financial state that the SABC finds itself in. He explained that the SABC had a demanding financial year with total revenue of R6.6 billion against a budget of R7.3 billion resulting in an underperformance of R709 million (10%). The SABC had a net loss of R622 million for the 2017/18 financial year. One of the SABC’s biggest cost drivers is the salary bill. To put this into context, the SABC is a R7.2 billion revenue generating company with a salary bill of R3.1 billion. The current ratio of revenue to wage bill is not sustainable given the SABC’s dismal financial situation. It is for this reason that the SABC is contemplating other cost cutting measures to further reduce costs.

Johannesburg – Tuesday, 4 September 2018 – The South African Broadcasting Corporation (SABC) held its Annual General Meeting (AGM) on 27 August 2018 to communicate its 2017/18 financial statements.

The year under review saw the SABC being stabilised, governance improving and the Board taking steps to fill vacant executive management positions.

The SABC is one of the key institutional pillars of our democracy, delivering essential content to millions of South Africans on multiple platforms. To this end, the SABC contributes to the strengthening of democracy by promoting nation building and social cohesion, through compelling and accessible local content programmes. The SABC’s services are therefore fundamental to the democratic and cultural life of citizens.