Sascoc pays salaries one day late

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South Africa Headlines News

The SA Sports Confederation and Olympic Committee is struggling with a cash-flow issue

The SA Sports Confederation and Olympic Committee paid salaries to its 24 staff members on Tuesday‚ says acting CEO Ravi Govender.

Govender had told employees the organisation was waiting for a payment and promised them they would be paid by May 29 “or sooner”. That resulted in a revenue cut of R100m. To boot‚ the government has not made all the payments that were expected of it‚ such as covering the cost of sending a team to the 2019 African Games‚ a governmental showpiece.

The tightening of Sascoc’s purse strings has been seen as punishment for poor corporate governance in the previous decade‚ which culminated in a ministerial inquiry in 2018.

 

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