17 November 2022, Daily Maverick, Tamsin Metelerkamp
The lack of a board at the SABC represents a huge risk for the public entity, both financially and from a governance perspective, according to William Bird, director of Media Monitoring Africa.
In the Auditor-General’s section of the SABC Annual Report 2022, irregular expenditure for the public entity was stated at R2.8-million. The broadcaster incurred a net loss of R201-million for the financial reporting period ending 31 March 2022.
“The board should be meeting, especially given the challenges that they have around funding … and taking decisions on a range of key issues. There may well be contracts that may be up for renewal … and if the board isn’t able to sit and agree on those things, then that may have some significant consequences,” he said.