The SABC is broke (and in danger of collapse)

The SABC is unable to meet its contractual commitments, according to its interim board deputy chairperson Mathatha Tsedu.

Monthly revenues are lower... and a number of service providers of vital television content have not been paid. This has potential to collapse the entire programme schedule on all SABC channels.

Mathatha Tsedu, SABC interim board deputy chairperson

The Money Show’s Bruce Whitfield interviewed Media Monitoring Africa Head of Policy Thandi Smith.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

This didn’t spring out of nowhere… We’ve been flagging these issues for years.

Thandi Smith, Media Monitoring Africa

We’ve seen corruption and financial mismanagement.

Thandi Smith, Media Monitoring Africa

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Article brought to us by Old Mutual.


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