Sabc bailout
SABC given until mid-January to motivate for another bailout
Government's Communications Department in October approved a R3.2 billion bailout from National Treasury for the SABC.
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SABC opts for skills audit over retrenchments in turnaround strategy
Minister Stella Ndabeni-Abrahams said the SABC would look at at a number of ways to generate revenue, as well as doing away with unnecessary costs.
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SABC registers just under R500m loss – better than recent years, says board
News of the SABC’s improved annual performance comes just over a week after the public broadcaster received the first R2.1 billion of its National Treasury bailout.
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Pay your dues, it's the right thing to do, The Kiffness tells the SABC
In a Facebook post, The Kiffness' David Scott said that he paid his TV licence, even though he didn't watch the SABC, and was now calling on the broadcaster to return the favour by paying royalty licenses.
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Money Monday for SABC as R2.1 billion cash injection due
The struggling public broadcaster was given a lifeline last week with Communications Minister Stella Ndabeni-Abrahams announcing that it would receive a partial bailout of R2.1 billion.
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DA vows to keep close eye on how SABC’s bailout billions are spent
Communications Minister Stella Ndabeni Abrahams announced earlier on Friday that R3.2 billion will be will be granted to the cash-strapped public broadcaster.
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[UPDATE] Bailouts for SOEs to come in chunks - Mboweni
The bailout money for the SABC, Denel and SAA would come from the contingency reserve account but Finance Minister Tito Mboweni said it came with strings attached.
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SABC refutes claims of intending to retrench to save money
On Sunday, the 'Sunday Times' reported that the cash-strapped public broadcaster planned on shedding its staff by 33% as part of its turnaround strategy.
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SABC ‘continues’ engagements with Ndabeni-Abrahams for bailout
On Sunday, it was reported that Finance Minister Tito Mboweni turned down the public broadcaster’s application for the much needed R3.2 billion government-guaranteed financing.
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Ndabeni-Abrahams deploys team to ensure SABC meets bailout requirements
The Communications Department was working with National Treasury to see whether the public broadcaster, which was facing major financial woes, could be granted a bailout.
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Communications Dept working to mitigate SABC's financial problems
The public broadcaster is facing major financial woes with fears it may not be able to pay salaries in June.
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SABC financial woes worsen as unpaid bills pile up
The public broadcaster had to tighten its belt last month by paying salaries at the expense of having several unpaid bills.
