Wednesday, October 19, 2011

BREAKING. Breaking bank and making millions at the struggling SABC: There's still well-paid work at the broadcaster if you can get it.

It might be beleaguered. It might be struggling. It might be mismanaged, ridiculed, and it might be cash-strapped, but the South African public broadcaster is still a great place to work at and make a lot of money - if you form part of the champagne crowd at the top of the SABC.

According to the SABC's latest annual report for 2010/2011 that was officially presented to parliament yesterday, dr Ben Ngubane, the chairperson of the SABC board received total remuneration in the year ending on March 2011 of R444 000.

That however is nothing compared to the remuneration of what some other people in service of the South Africa's public broadcaster are getting.

Dr Ben Ngubane's income from the SABC as the highest ranking board member completely pales in comparison to Thelma Melk's total remuneration of R1,75 million that she received for the same period, according to the report. Thelma Melk is the SABC's company secretary. Thelma Melk was recently suspended by the SABC, allegedly for ''poor work performance''.

Another high income executive earner at the SABC is Richard Waghorn. Richard Waghorn is the SABC's chief technology officer. Richard Waghorn's total remuneration package as stated in the annual report is R3,74 million.

Robin Nicholson got R4,13 million as the chief financial officer and acting group CEO of the SABC. Robin Nicholson is now also gone since 22 July when his contract was suddenly not renewed.

The biggest remuneration in the annual report for the period under review went to SABC executive Phumelele Ntombela-Nzimande, the wife of higher education minister Blade Nzimande. She was axed in February this year in the SABC's restructuring. She's the single highest earner at the SABC in the year under review and according to the report got R4,7 million.

Nine other SABC senior executives were paid more than R1 million, several whose total remuneration ranged from R1,1 to R1,9 million. Four SABC executives got more than R2 million, with total remuneration ranging from R2,1 million to R2,8 million.

The SABC is spending R8,4 million on the refurbishment of the 28th and 29th floors of Aucklandpark headquarters according to the annual report.

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