Treasury report reveals SABC is running out of money

Business Day reports that a confidential Treasury risk committee report shows that there has been a crash in the reserves.

The total is believed to have plummeted to R174 million in December 2016 compared to R1 billion in cash reserves a year before.

Media Monitoring Africa MD, William Bird, says there is a need to develop better funding models for the public broadcaster.

Bird says there should be basic principles of good governance at the SABC.

Listen to the audio below for more details...

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