SABC on the brink of business rescue, report | The Citizen

대한민국 뉴스 뉴스

SABC on the brink of business rescue, report | The Citizen
대한민국 최근 뉴스,대한민국 헤드 라인

The 📡SABC is once again tethering on the brink of 💸financial collapse, so much so the 📺public broadcaster may apply for business rescue. Full story➡️

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

General views of the SABC building in Auckland Park, Johannesburg on 18 November 2020. Picture: Michel Begais once again tethering on the brink of financial collapse, so much so the public broadcaster may apply for business rescue.

According to a report by the Sunday Times, CFO Yolande van Biljon said the worst case scenario would see the SABC suffer the same fate as state-owned postal services, which is now in provisional liquidation.The broadcaster looks set to announce a loss north of R1 billion for the March 2023 financial year, with load shedding highlighted as the biggest culprit hindering the SABC’s performance.

The publication also reports that van Biljon sounded the alarm bells a month back in a memo to SABC board chair Khathutshelo Ramukumba, but a month later the board is yet to intervene.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

TheCitizen_News /  🏆 6. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

SABC headed for business rescue, says CFOThe broadcaster is poised to announce a R1bn loss, and will not be able to pay salaries.
더 많은 것을 읽으십시오 »



Render Time: 2025-01-13 17:21:25