Are you aware that 8 SABC execs earn more than President Ramaphosa?

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OPINION: It is fascinating to note, though, that the SABC has made far more millionaires than has the Lotto, writes Douglas Gibson.

Do you remember the good old days when South Africa waited with bated breath every weekend to hear about the new millionaire created by winning the Lotto? That excitement has waned more than a little as winners became shyer about publicity. It is fascinating to note, though, that the SABC has made far more millionaires than has the Lotto.

They earn an average of R3.9 million a year. The Independent Commission for Remuneration of Public Office bearers has recommended the president’s salary should go up to R3.08m this year. No one doubts that the SABC serves a useful, indeed, a vital service for the South African nation. Especially with services in the vernacular languages, millions are dependent on the SABC for information and entertainment. That should not end. Many people do not trust the SABC and the organisation will have to work hard to earn the support of the broad South African community.

 

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Wow!

Fucking CEO is getting 5million

Yhithi uyaxoka?

the SABCNews was part of this statecapture factor & so many good things & people who suffered because of it, only to benefit a few scoundrels...; lots to do but we do have very good & capable people! hoping they fix things for all again! the right people for the right jobs!

Who saidhe must earn more than everyone else?

And they want more in TV license fees!!

Yes I am aware, Ramaphosa is not the benchmark. Certainly not of performance.

SABC top to lower middle management is what needs retrenchment not ordinary workers.

This thing of generalising and averaging is too stupid

All SOE Executives earn more than our President

And they want me to pay TV license? This is mad, crazy, insane.

Manje why ningasho amagama wabo

Ayabonga_EQ So what? Who said people should earn less than the president?🤷🏿‍♂️🙄

who's Ramaphosa ?

First problem with leadership ignorance

Helps to understand the desperate pleas of those enjoying these benefits to save the entity courtesy of the tax payer.. Their interests are not aligned with the interests of their subscribers but rather with their specific monetary interests. Life outside the SABC is tough..

So ridiculous... while they can’t even make SABC profitable!!! Being over paid is an understatement

The nine of them are adding the same amount of value to the country 👌🏿 leaders don’t you think VusiSambo These okes deserve pay raises I tell you

Hlaudi inflated salaries there

but the president has more money than them combined

As do many executives of listed companies, both public or private

That's interesting... Why are they earning that much?

For doing what, exactly? As for CR, he should pay us for being president.

Really

And they intend to fire people 🚮

Disgraceful. Someone should audit what they actually do all day

As a Tax payer I'm paying all their salaries and I don't see the point or what any one of them is doing.

Station managers they are falling which category middle management or senior management?

What 👀

And president Matamela Ramaphosa donates half to the charity

So? It's always been the case with all other presidents. Private sector execs earn way more than halt a dozen ministers combined.

I don't think salary is based on how much qualified you are, i think it is based on the quality and value of work that you brings in..to me SABC is operating like there's no board of executives and why paid ao much if you don't provide that much?

Isn't that he is not aware.

What the hell is this SABCNews.

No Offense, No Classification Or Anything, So What? Their Executives Not Assistant!!

Nobody earns more than Ramaphosa in this country.Stellenbosch got him.

They are looting. 😹😹😹

But what the hell is going on with these SOEs. There are 1652 supervisors at SABC & only 450 workers. Are these supervisors supervising themselves? It’s not only SABC but all these SOEs are messy, on top of having bloated staff members they have gazillions of consultants. Damn!

We’ve been abusing Cyril while earning peanuts

It doesn't require an educated person to realise amongst other factors, operating costs must be kept at a minimum especially when the company is not making profits, surely the BoD of SABC are incompetent otherwise their corporate governance would be yielding positive results.

A Broken SABC doesn't know where to cough those amazing salaries anymore is the 8 also on the list of retrenchment

Really! I didn't know that the Pres is the benchmark for exec pay. Wow all the other execs in private & public sectors who earn more than the Pres should be ashamed then, how dare they earn more than the Pres. you can do better than this, at least have coherent opinions

Most if not all SOE CEOs earn more than the South African Cabinet (The President included). SOE CEOs report to the Board of the employing entity. The CEO is appointed by Minister responsible for the entity on recommendation by the Board. The so-called SMS Regulation led to this.

Are you only realizing that now? This is laziness. You thrive on gossip instead of proper investigation.

Disgraceful MyANC

...and not a single damn program on that box that I can watch! Not 1, Simunye.

...so that’s 9 instances of fruitless expenditure.

That's stealing

Wtf

Error: Those salaries are not *earned*.

A bloated number of personal, with over inflated salaries, delivering 3rd World level TV. Such a disgrace, but an example of what the MYANC is capable of. Pretty pathetic really. 26 years of bad governance

Everyone earn more than market related at the SABC from Senior, Middle and Junior Management. Bloated management structure that is not sustainable.

ntsikimazwai FACT: Are you aware Ramaphosa has more money than the SABC?

Yes and some of the employees earn R50 000 to do nothing. They do not have a job function...some don't even know how the printers work. This place has too many free loaders

And some are foreigners if not all

Eskom yona?

There is a woman in one of govt SOE what what's, who earns R5m per annum.

Didn't this all start with Hlaudi

Sabc 8

NmoneediNkuli How much does the dysfunctional board get paid? From chairman to non executive board members? That was left out by

tito_mboweni TreasuryRSA CyrilRamaphosa GautengANC

These are his comrades

Are you surprised?

Well CR is more useless than they are so ....

You know that some people will get from this that Rhamaposa needs a raise?

KhumoMagetse Prove it

Sophie_Mokoena Then all salaries should be reviewed except for workers or scale codes 402 - 406.

ntsikimazwai Who cares

So?

Sophie_Mokoena Why are they earning so much? & if SABC is resisting retrenchments, have they find other ways to make money

SABC bosses where put there because they were black & politically connected, in the name of transformation. A good policy misused to push personal agenda. Transformation is supposed to be transformative in terms of profits & transferring skills to formally marginalised individual

Who cares? They are not richer than him

These r my calculations of what is going on there. Data is from ferialhaffajee article. There is a problem across t cross section of SABC. Management ratios r astounding & salary of top - general worker is disgusting. With so much managerial support why do u need 8 top managers?

And we wonder why we have beig down gradwd again. Cant the unions or cANCer government see that. If we carry on with bail outs just now none of us will have work

Thank You for giving the remaining 30% of people who still pay TV licenses a reason not too. I was one of them, no longer!

They do not EARN it, they receive it. Like all those before them. Managing it into failure.

Crazy stuff 😳

Lesetja Kganyago earns over R8 million. Just to scream.

If SABC was doing well under the stewardship of those executives I wouldn’t mind. They’re a mess right now.

I also understand that overall it pays every worker more than other TV stations and it's bloated...How can a retailer that generate a profit margin of a spaza pays more than all retail group and have more staff than any of them?

Really? This is how low the bar has been set for journalism? Surely,the combined annual salaries of EIGHT EXECUTIVES will be more than a mere R3mill p.a that Cyril gets. Try not writing when you don't know what to write about.

4saDavy Let them reduce salaries of those individuals who earn abnormally above the board and keep the retrenched employers.Who said they must loot from the SABC purse. Now innocent workers who didn't even loot a cent are being affected.Looters remain to work for their children. RUBBISH!

I don’t understand why did they compare the salaries of professionals with politicians, who hardly have grade 12?

& what precisely do these execs do to justify such a salary? 1 thing for certain is that they r devoid of humanity.If this entire lot were truly concerned that all jobs must b saved, they shld look at their own greed first: therein is the soln.

i have said it and will say it again, SABC exec salaries must be cut by 40% to 50%, they are not doing anything of value but they want to retrench people, how despicable

Are you aware that they earn market related salaries

Greed!!!!

That is wrong is so many ways, kahlekahle umubhedo lowo fthi amanyala though I don't lyk Crl.

Y r totally wrong

Ramaphosa is a Rand billionaire after being set up nicely by the mining houses.

Ohh!! whoooow!! Now it makes sense...🤔. Those 8 execs, are the people who want to cut people's jobs 😭😤🤧? PresidencyZA you have the highest job in the country, did you hear there are 8execs who earn more than you 🤔?

CandieModiselle Obani lababantu?

Who are they?

Small wonder that junior SABCNews journalists are sacks while the fat cats ride.

🙆🏻‍♂️😧

Atleast they are at the same level when it comes to uselessness.

Savages doing what they do best. Raping the country and economy

We know and we're totally against it, remind him to tell us about Eskom too.

It therefore beats me why the EFF would find itself entangled in SABC nonsense...

Hee banna, I give up

Retrench them

They earn more for absolutely doing nothing.

They earn a market related salary for Executives. Why should competent people leave jobs elsewhere to work for the SABC when they going to earn peanuts. I think the most important thing is setting a high benchmark for them and making sure they achieve it.

😴

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