Tuesday, January 6, 2015

James Aguma appointed as the SABC's permanent new chief financial officer (CFO) after acting in the position for a year.

The SABC has appointed James Aguma as the South African public broadcaster's permanent new chief financial officer (CFO) after he has been acting in the position since Gugu Duda was fired.

James Aguma, a chartered accountant, has been the acting CFO of the SABC since March 2014 after Gugu Duda was suspended in September 2012 in connection with procurement and financial irregularities.

James Aguma previously headed up the SABC's strategy and audit matters.

"We believe with this appointment there will be continuity as we further stabilise and bring more revenue for the organisation," says Hlaudi Motsoeneng, the SABC's chief operating officer (COO), in a statement.