'Nothing abnormal' about pay hike for Hlaudi

Johannesburg - There was nothing untoward about South African Broadcasting Company (SABC) chief operating officer (COO) Hlaudi Motsoeneng receiving an increase of almost R1m, the public broadcaster's CEO Frans Matlala said on Wednesday.

Addressing the media at the SABC in Johannesburg, Matlala said it should be noted Motsoeneng had been promoted from an acting to a permanent COO and, in any position, "a salary hike was expected when one was promoted".

It was alleged Motsoeneng's annual pay had increased from R2 872m to R3 784m in this financial year.

The R912 000 pay rise included a R279 000 bonus.

Matlala added Motsoeneng was not the only SABC board member who had received a pay hike.

Meanwhile, the SABC has recorded a R395m loss in the last financial year.

Matlala said the biggest cause for the financial loss was due to the public's failure to pay television licenses and advertisers cutting down on expenditure. However, the company was not broke and had cash reserves of R1 107bn.

While this was lower than the R1.4bn the broadcaster had at the end of 2014, Matlala said the decline was also because some funds were invested in areas like content, employee benefits and converting contract workers to permanent employees.

Matlala said despite this, there was "good news to share" about the last financial year.

He claimed the broadcaster had made remarkable progress although there was "room for growth".

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Nappies, they cost too much
6% - 156 votes
Formula and food, it's getting so expensive
18% - 458 votes
Creche and school fees are a struggle every month
75% - 1882 votes
Vote
Rand - Dollar
16.15
+0.1%
Rand - Pound
19.90
-0.7%
Rand - Euro
16.85
-0.4%
Rand - Aus dollar
11.26
-0.6%
Rand - Yen
0.13
-0.2%
Gold
1,822.54
+0.6%
Silver
21.60
+2.3%
Palladium
2,025.00
+4.0%
Platinum
946.50
+0.2%
Brent Crude
111.22
+3.4%
Top 40
62,496
+0.8%
All Share
69,212
+0.8%
Resource 10
71,854
+1.5%
Industrial 25
77,093
+0.1%
Financial 15
15,933
+1.2%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE