We need R3bn to avoid collapse, SABC tells Scopa

14 November 2018

South African Broadcasting Corporation (SABC) board chairperson Bongumusa Makhathini told Parliament’s standing committee on public accounts (Scopa) that all the state broadcaster needed was a R3-billion government guarantee to avoid looming collapse in March.

The board briefed Scopa on Wednesday morning, following a meeting on Tuesday where board member and veteran journalist and editor Mathatha Tsedu told the portfolio committee on finance that the SABC’s ability to pay full salaries would be in doubt as early as February next year.

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Source: 
Mail and Guardian

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