Ndabeni-Abrahams requests R3.2 billion loan guarantee for SABC - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Ndabeni-Abrahams requests R3.2 billion loan guarantee for SABC via SABCNewsOnline

The SABC says Communications Ministernewly appointed SABC boardSABC Board Chairperson Bongumusa Makhathini says although it can still afford to pay employee salaries, the public broadcaster is battling to meet its other financial obligations.

“We are grateful for the effort and the contribution by the minister. She’s helped put together a team made up of DOC, National Treasury and the SABC and there is great progress in that area. We are looking really positive to get financial help. She’s actually put a request for R3.2 billion to help us settle some of the outstanding debt that we have.”

 

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Makaphume.

BAIL OUT is a commonly used term nowadays. SAA bail out, Eskom bail out etc.

SABC, ESKOM and SAA should first diognose the problem before soliciting bailouts.

hay ngumhlola lo!! Why dont you privatise SABC? Its clear under gvt it cant generate any decent income!!😰😰😰

Minister Stellarated , is this why you were looking for Minister tito_mboweni ? 😅

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