The idiom “where there’s smoke, there’s fire” accurately describes the state of the organisation
SABC employees who were given a scare after their salaries were not paid timeously on Tuesday cannot be blamed for panicking.
All these past years of mismanagement have pushed the public broadcaster into a financial crisis that could lead to large-scale retrenchments at the organisation.
The SABC has said the delay in payment was the result of a glitch with their banks, but workers’ unions are wary of accepting management response to the issue at face value.
They believe that the idiom “where there’s smoke, there’s fire” accurately describes the state of the organisation.
It appears that without a government guarantee, the SABC will no longer be able to service its debts and could be left in a situation where it cannot pay salaries.
It currently does not have a board and hopes that the eight vacant positions will be filled next month. The broadcaster is quickly running out of time and all board positions look likely to be filled a few weeks before it potentially runs out of money.
This is the worst-case scenario, but it is a situation the SABC finds itself in because of rampant financial mismanagement.
The unfortunate fact is that thousands of people could lose their jobs as a result.