{"id":94831,"date":"2015-08-02T12:04:02","date_gmt":"2015-08-02T10:04:02","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=94831"},"modified":"2015-08-02T12:04:02","modified_gmt":"2015-08-02T10:04:02","slug":"r15-million-golden-handshakes-for-state-telco-executives-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/94831\/r15-million-golden-handshakes-for-state-telco-executives-report\/","title":{"rendered":"R15 million &#8216;golden handshakes&#8217; for state telco executives: report"},"content":{"rendered":"<p>Parting executives from state-owned enterprises operating under the Department of Telecommunications and Postal Services have received millions in &#8220;golden handshakes&#8221;.<\/p>\n<p>This is according to a report by the Sunday Independent, citing a Parliamentary response from department Minister Siyabonga Cwele.<\/p>\n<p>The report noted that many if not all the companies in question are struggling financially.<\/p>\n<p>Payouts were made in settlements between the executives and the companies through the labour courts.<\/p>\n<p>According to the minister, the following payments were made to executives leaving state-owned tech and telecom companies:<\/p>\n<ul>\n<li>R5.02 million to the SA Post Office, including\u00a0a R1.47 million payout to group CEO, Motshoanetsi Lefoka, who left in 2012 after she was accused of tender irregularities.<\/li>\n<li>R4.73 million to Sita, including R1.44 million to chief executive Blake Mosely-Lefatola, and R1.9 million to COO Khumbudzo Ntshaveni.<\/li>\n<li>R1.8 million in settlements to USAASA<\/li>\n<li>R1.74 million in settlements to Sentech<\/li>\n<li>R919,443 to Broadband Infraco<\/li>\n<li>And R779,055 the National Electronic Media Institute of SA (NEMISA)<\/li>\n<\/ul>\n<h3 class=\"my-4\">More on government<\/h3>\n<p><strong><a title=\"Permalink to How government plans to legalise corruption: Helen Zille\" href=\"http:\/\/businesstech.co.za\/news\/government\/93590\/how-government-plans-to-legalise-corruption-helen-zille\/\" rel=\"bookmark\">How government plans to legalise corruption: Helen Zille<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to China to train South African government\" href=\"http:\/\/businesstech.co.za\/news\/government\/93582\/china-to-train-south-african-government\/\" rel=\"bookmark\">China to train South African government<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to How government plans to stop school laptop thieves\" href=\"http:\/\/businesstech.co.za\/news\/government\/93324\/how-government-plans-to-stop-school-laptop-thieves\/\" rel=\"bookmark\">How government plans to stop school laptop thieves<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parting executives from state-owned enterprises operating under the Department of Telecommunications and Postal Services have received millions in &#8220;golden handshakes&#8221;, according to a report.<\/p>\n","protected":false},"author":10,"featured_media":20450,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[23],"tags":[26,3004,3351,8017],"class_list":["post-94831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-headline","tag-sapo","tag-sita","tag-siyabonga-cwele"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/94831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=94831"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/94831\/revisions"}],"predecessor-version":[{"id":94833,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/94831\/revisions\/94833"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/20450"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=94831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=94831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=94831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}