• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us

For all official information and updates regarding COVID-19, visit the South African Department of Health's website at www.sacoronavirus.co.za

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • SCI-TECH
  • LIFESTYLE
  • FEATURES
  • OPINION
Home Business

Treasury mum on SABC bailout

15 September 2019, 5:38 PM  |
Zoleka Qodashe Zoleka Qodashe |  @SABCNews
SABC building

The SABC says it cannot comment until the ministries themselves have spoken on the matter

SABC building

Image: SABC News

The SABC says it cannot comment until the ministries themselves have spoken on the matter

Treasury has declined to comment on reports in a Sunday newspaper regarding the anticipated R3.2 billion bailout for the South African Broadcasting Corporation (SABC) – saying the Department of Communications was better placed as a stakeholder Department to discuss the matter.

However, attempts to contact the Communications Ministry spokesperson have so far not succeeded.

The SABC says it cannot comment until the ministries themselves have spoken on the matter.

The Sunday newspaper reports that the R3.2 billion had been allocated but that Finance Minister, Tito Mboweni, provided stringent conditions.

The report says Mboweni was of the view that the public broadcaster had only met three of the seven conditions.

Watch related video below:

Share article
Tags: SABCTito MboweniBailout Package
Previous Post

Two Afghan Taliban shadow governors killed as air strikes step up

Next Post

PTSD linked to increased risk of ovarian cancer

Related Posts

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.

Biden signs bill to boost US chips, compete with China

9 August 2022, 5:48 PM
Suspended Public Protector Busisiwe Mkhwebane

Pretoria court declares Mkhwebane’s report on Pillay unlawful

8 August 2022, 6:32 PM
File image: People walk through the financial district of Canary Wharf, London.

As prices rise, the Post Office says Britons are turning back to cash

8 August 2022, 12:34 PM
Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013.

Tata Motors to buy Ford India’s manufacturing plant for $91 million

8 August 2022, 2:36 AM
Eskom

Eskom suspends rolling blackouts

7 August 2022, 11:22 AM
A man walks out of the Central Bank of Tanzania building in Dar es Salaam, Tanzania January 15, 2019.

Tanzania to reduce liquidity in second half of the year to tackle inflation

7 August 2022, 3:47 AM
Next Post
Women who suffered from six or seven PTSD symptoms were more than twice as likely to develop ovarian cancer as women who didn’t report any of these symptoms

PTSD linked to increased risk of ovarian cancer

Most Viewed

  • 24hrs
  • Week
  • Month
  • EMS says fire at Bree Street Taxi Rank in Johannesburg has been extinguished
  • The public has until 18 May to make submissions on Icasa’s regulations for extension of expiry period for data, airtime
  • ANC NEC expected to hold a special meeting on Sunday
  • Eastern Cape flood victims plead for support as access to food, services remains difficult
  • Amathole Regional Secretary elated to have corruption charges against him dropped
  • Transnet seizes assets worth more than R20 million from employees
  • Mabuyane confirms receipt of eNyobeni Tavern victims’ results
  • Major crash involving several vehicles on N3 to KZN
  • Zikalala says he never betrayed Zuma
  • Roads leading into Kagiso blocked off over alleged zama zama gang rape
  • Ramaphosa given 48 hours to step aside
  • Mogalakwena Municipality in Limpopo directed to terminate appointment of more than 400 workers
  • Actress Busisiwe Lurayi has passed away
  • Miss SA Lalela Mswane crowned Miss Supranational 2022
  • EFF’s planned national shutdown won’t be an ordinary one: Malema

LATEST

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.
  • Business

Biden signs bill to boost US chips, compete with China


A priest speaks to the congregation during a memorial service for victims killed during an attack by gunmen during a Sunday mass service at St. Francis Catholic Church, in Owo, Ondo Nigeria June 17, 2022. REUTERS/Temilade Adelaja
  • Africa

Five suspects arrested in Nigeria Catholic church massacre


Election workers count ballots cast during the general elections, in Eldoret, Kenya August 9, 2022.
  • Africa

Polls close in Kenya’s presidential and parliamentary elections, turnout around 60%


President 
Cyril Ramaphosa
 delivering the keynote address at the 2022 narional Women's Day held at the Silahla Sports Field in Richmond, KwaZulu-Natal.
  • Women's Month 2022
  • South Africa

SA is made up of women who lead from the front: Ramaphosa


Serena Williams won her last Grand Slam in 2017 and has been chasing an elusive 24th crown that will draw her level with Margaret Court
  • Sport

Serena Williams to retire from tennis after US Open


Workers from the Independent Electoral and Boundaries Commission (IEBC) prepare a polling centre ahead of the opening of the general election in Nairobi, Kenya August 9, 2022. REUTERS/Thomas Mukoya
  • Africa

Kenyan presidential frontrunners cast their votes


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2022

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • SCI-TECH
  • LIFESTYLE
  • FEATURES
  • OPINION

© 2022

Previous Two Afghan Taliban shadow governors killed as air strikes step up
Next PTSD linked to increased risk of ovarian cancer