The SABC CEO Madoda Mxakwe told the Sunday Times that the public broadcaster is on the brink of a blackout due to its crippling debt.
Madoda told the newspaper that the SABC is not able to pay its creditors and while the company’s application for an R6.8-billion bailout was approved, the funds have not yet arrived.
The Sunday Times said the SABC will be forced to cut its national broadcast due to the inability to continue operations if it is unable to secure sufficient funding.
Mxakwe said the public broadcaster has never had a blackout before, but if the funding doesn’t come soon the possibility of a blackout is imminent.
For more read: Race for funding to keep SABC on air