National Treasury rejected SABC turnaround strategy: Ndabeni-Abrahams

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The SABC’s financial certainty still hangs in the balance. Addressing Parliament’s Communication Portfolio Committee, Communications Minister Stella Ndabeni-Abrahams said the National Treasury has rejected the cash-strapped public broadcaster’s turnaround strategy.

The SABC is seeking a R6.8 billion government guarantee.

There are still fears about the possible arrival of Day Zero when the broadcaster will not be able to pay salaries.

Ndabeni-Abrahams says the SABC’s financial challenges are as a result of what she terms over-bloated staff.

Watch the Minister’s full address…