Deputy Minister for Communications Philly Mapulane has expressed concern about the South African Broadcasting Corporation’s (SABC) poor financial performance as identified by the Auditor-General.
He says this could impact its ongoing status.
Of major concern is the report that the SABC has only managed to raise revenue of R5 billion while expenditure exceeded R6 billion.
Mapulane says Minister Khumbudzo Ntshavheni is dealing with this matter in order to try and help the SABC to turn the corner.
He added, however, that the Ministry is satisfied with the overall state of the SABC and that it has attained governance and leadership stability.
“If not much is done in terms of ramping up revenues and reducing expenditure we may find ourselves in a situation which is untenable. Of concern is the declining revenue in terms of advertising which we have also expressed with the SABC to take effort to make sure they address the area of concern.”
Earlier this year the SABC briefed the media on its 2021/22 budget :
