The South African Broadcasting Corporation (SABC) has reduced its net losses by 35 % in the 2018/2019 financial year.
The South African Broadcasting Corporation’s (SABC) Board Chairperson, Bongumusa Makhathini, says the bail out from Treasury will come in handy for the public broadcaster’s road to recovery.
SABC board chairperson Bongumusa Makhathini says the bailout it has been seeking from government will help it realise the SABC’s strategic goals.
The South African Broadcasting Corporation (SABC) says it will investigate leaks emanating from the institution.
The SABC says it has met almost all the preconditions set by the National Treasury for it to receive the three billion rand injection it has requested.