South Africa: State broadcaster CEO gets multi-million payout

Embattled former SABC CEO Solly Mokoetle received a settlement of R3.4-million following his resignation on Wednesday, says the SABC. 'Mr Mokoetle was paid an equivalent of his 12 months' salary which amounts to R3.4-million inclusive of leave and other entitlements as a full and final settlement,' SABC spokesman Kaizer Kganyago said in a statement on Friday.