Wednesday, April 20, 2011

BREAKING. SABC starts begging government for money (again) - this time to pay possible retrenchment packages for workers who want out.

You're reading it here first.

The SABC board and SABC board chairperson dr. Ben Ngubane was in parliament again today to report about the beleaguered public broadcaster's turnaround strategy - and to start begging for money (again). The SABC wants ''funds'' to be able to offer SABC workers who maybe wants out, severance packages.

''If we're going to be supported in our turnaround strategy we [need] appropriate funding so that we can have voluntary severance packages,'' dr. Ben Ngubane - slouching in his chair - told parliament's portfolio committee on communications this afternoon, ''so that we can actually buy pensions for people who have to retire as we restructure the organisation.''

''We should see a much better profit margin other than R12 million in the fiscal 2014,'' said dr. Ben Ngubane.