SABC CEO Solly Mokoetle is taking huge financial strain, saying he has run up legal bills of more than R500 000 in the six weeks since his suspension by the broadcaster’s board. Breaking his silence in an exclusive interview — he said the board had gagged him
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The basic salary paid out to former Sentech CEO Sebiletso Mokone-Matabane more than doubled between 2009 and 2010 — from R1,7m to R3,2m. This is in spite of the company’s steep financial decline over the past year, which has resulted in its auditors
JSE-listed Allied Technologies (Altech) has threatened to take government to court if it decides to implement a Brazilian digital television standard instead of the European DVB-T standard. The company, which manufactures television decoders through its Altech UEC subsidiary, claims that local broadcasters and manufacturers have already invested R700m in preparing for digital migration on the assumption that SA would adopt the DVB-T standard.
Governments around the world increasingly expect Internet service providers (ISPs) to take responsibility for every bit of data that passes through their systems, says David McClure, the president and CEO of the US Internet Industry Association.
Sentech is dysfunctional. That’s the gloomy picture painted by the state-owned company’s board in a presentation it was meant to give to parliament last week. But the company was prevented from delivering the presentation, entitled “Strategic Plan 2010 – 2011” because it failed to supply supporting documentation, needed by members of parliament ahead of time, before the scheduled meeting.
State-owned signal distributor Sentech is in dire straits. A submission from the company’s board to parliament reveals its auditors are concerned about its ability to continue as a going concern. TechCentral is in possession of a strategic presentation the company was supposed to deliver to parliament on Tuesday this week in which it has revealed that its auditing firm — which it doesn’t name — has raised concerns about its financial standing.
The Western Cape high court has ordered that parliament’s communications portfolio committee may not proceed with Tuesday’s closed meeting with the SABC board. The ruling was handed down as an interim order shortly before noon by acting judge Sven Olivier. It followed an urgent application by the SA National Editor’s Forum.
Democratic Republic of Congo (DRC) president Joseph Kabila has intervened in the ongoing dispute between Vodacom and Congolese Wireless Network (CWN), the junior partner in the JSE-listed cellular group’s operation in the troubled central African nation, to try to find a solution to a protracted dispute between the parties. Earlier this year Vodacom and CWN agreed to international arbitration proceedings in Brussels after relations between the two groups appeared to break down completely.
SuperSport CEO Imtiaz Patel will succeed Nolo Letele as group CEO of pay-TV broadcaster MultiChoice on 1 October. Letele, who was due to retire later this year, has been named as executive chairman of MultiChoice SA. Announcing the changes on Thursday, a MultiChoice spokesman says the board had agreed on an executive chairmanship to “meet the challenges faced by the underlying entities”.
Ousted communications director-general Mamodupi Mohlala says the way communications minister Siphiwe Nyanda fired her was akin to a “public execution”. Mohlala tells TechCentral that she had questioned the minister on several issues related to the running of the department. “But I never expected it to come to a head like this.”