News Formal

SABC struggles to implement turnaround strategy without government funds - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

SABC struggles to implement turnaround strategy without government funds The SABC says it is not able to fully implement its turnaround strategy because it has still not received the financial injection it requires from government.

Government insists that the public broadcaster has to meet a stringent set of conditions before any funding can be released.

The South African Broadcasting Corporation says it is not able to fully implement its turnaround strategy because it has still not received the financial injection it requires from government.before the money can be released. These include identifying initiatives for revenue enhancement, producing separate financial reports for its public and commercial services as well as identifying non-core assets for sale.CEO Madoda Mxakwe says while they are going ahead with efforts to stabilise the organisation’s finances, it will take about two years after they receive the funds for the strategy to be fully implemented.

“Like any strong strategy, what is really needed is the capital injection for it to be successful. We had said earlier on that we developed and implemented the strategies starting last July. So far we’ve been able to ensure that we drive revenue, reduce costs and deal with the inefficiencies in the system. So I would say like any solid turnaround strategy would need at least between 18 to 24 months,” says Mxakwe.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 32. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

SABC technically insolvent: CFO - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The SABC's Chief Financial Officer Yolande van Biljon says the organisation is technically insolvent.
ソース: SABC News Online - 🏆 32. / 51 続きを読む »

Four killed in Mpumalanga crash - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Four people have died and ten others have sustained injuries after their bakkie overturned on the N4 road near Ngodwana in Mpumalanga.
ソース: SABC News Online - 🏆 32. / 51 続きを読む »

SABC management to appear before Parliament - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SABC management is due to appear before Parliament on Wednesday morning to brief the public enterprises and communication committee on its financial sustainability.
ソース: SABC News Online - 🏆 32. / 51 続きを読む »

Mboweni releases strategy to grow South Africa's economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Finance Minister Tito Mboweni has released a strategy to grow the South African economy. The document, titled 'Economic Transformation - Inclusive Growth and Competitiveness', was published on the National Treasury's website on Tuesday.
ソース: SABC News Online - 🏆 32. / 51 続きを読む »