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…