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The #SABC matter is very complicated; there are no easy fixes whichever way its looked at.
Only 3% of the SABC revenue comes from Government.
The wage bill is 43% of total expenditure.
Part of the 8 conditions for the R3.2bn bailout speak to restructuring & cost cutting measures.
Only 3% of the SABC revenue comes from Government.
The wage bill is 43% of total expenditure.
Part of the 8 conditions for the R3.2bn bailout speak to restructuring & cost cutting measures.
The accumulation, over years, of bad corporate governance, corruption, fraud & maladministration is precisely why the #SABC is in this current impasse.
#NationalTreasury intervention is needed because whichever way things go, money is required.
Challenge is its availability?
#NationalTreasury intervention is needed because whichever way things go, money is required.
Challenge is its availability?
The public mandate of the #SABC remains largely unfunded. The success prospects of the competing commercial ventures at the SABC are weighed down by financial constraints.
The corporation is not just about news; the variables and components are vast.
The corporation is not just about news; the variables and components are vast.
