The SABC Will Run Out Of Money By The End Of March 2019

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SABC
SABC / eHowzit

The board of the South African Broadcasting Corporation (SABC) has projected that the public broadcaster will run out money by the end of March 2019.

The Sunday Times reported that the SABC board chairman Bongumusa Makhathini has accused the government of failing to help the broadcaster by not responding to request for a government guarantee.

The board of the ailing public broadcaster is aiming some 981 full-time workers and more than 1 000 freelancers as part of the plan to cut costs.

But the proposed jobs cuts have led to the board fighting with the newly appointed Communications Minister Stella Ndabeni-Abrahams.

The fight over the job cuts and the looming cash crisis at the SABC has resulted in the resignation of four non-executive board members at the broadcaster. The 12-member board is now inquorate and cannot take legally binding decisions.

The Sunday Times reported that the board was divided on how to save the public broadcaster, with other directors siding with Ndabeni-Abrahams.

Makhathini also stated that Ndabeni-Abrahams told the board there will be no job cuts at the SABC and gave them “five minutes” to consider her instruction.

He added that despite providing information to the minister’s department on the SABC’s finances, it chose not to respond to the board at all.

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