SABC's Chief Financial Officer Yolande van Biljon says the company's dire financial position has made it difficult to produce content that people want.
The SABC’s Chief Financial Officer Yolande van Biljon says the organisation is technically insolvent. She says its dire financial position has made it difficult to produce content that people want. This in turn is driving away audiences and with them potential advertisers. She says several of the SABC’s content suppliers have ceased production because they have not been paid.
She had told the NCOP’s Public Enterprises and Communications Committee that the Corporation is likely to be found to be trading recklessly as it is trading while insolvent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: SABC News Online - 🏆 32. / 51 Read more »
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.
Source: SABC News Online - 🏆 32. / 51 Read more »
Nadal sends Millman to US Open exit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Three-times champion Rafa Nadal denied John Millman any chance of posting another fairytale run in New York as he cruised by the Australian 6-3 6-2 6-2 in the first round of the US Open on Tuesday.
Source: SABC News Online - 🏆 32. / 51 Read more »
Brazil says open to aid for Amazon fires but will decide how it's used - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Brazil said on Tuesday it was ready to accept foreign aid to help fight fires in the Amazon but only if it could determine how it was spent, in an apparent attempt to smooth over a public spat between the Brazilian and French presidents.
Source: SABC News Online - 🏆 32. / 51 Read more »
Dukwana's testimony to continue at State Capture inquiry - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Commission of Inquiry into State Capture will continue hearing former Free State Economic Development MEC Mxolisi Dukwana's evidence Wednesday morning in Parktown, Johannesburg.
Source: SABC News Online - 🏆 32. / 51 Read more »