Government is considering a R3.2-billion guarantee for the country’s cash-strapped national broadcaster to help it raise money from lenders, according to a report.
Browsing: SABC
While state-owned enterprises such as Eskom, SAA and the SABC continue to make headlines for all the wrong reasons, one (partially) state-owned company is doing quite well, thank you very much. By Duncan McLeod.
Chris Maroleng, the former MTN Group senior executive, has been fired as chief operating officer of the public broadcaster with immediate effect. He had been in the role for just over a year.
President Cyril Ramaphosa has appointed eight new board members to fill the vacancies on the board of the SABC with immediate effect.
Parliament’s portfolio committee on communications has adopted a final report that recommends eight candidates to fill the SABC board.
The portfolio committee on communications has allocated three weeks to complete the process of filling vacancies on the board of the SABC.
Communications minister Stella Ndabeni-Abrahams has apologised for an altercation she had with an SABC news crew who were filming an ANC provincial rally in the Eastern Cape on Saturday.
The SABC has put its retrenchment plan on hold following “constructive and extensive” engagements with various stakeholders.
The financial distressed SABC failed to pay its employees on time this month, but the public broadcaster has said it’s not because it’s run out of money. Instead, it has blamed a “glitch” at its bank for the problem.
Three media companies have collectively been fined tens of millions of rand for price fixing and the fixing of trading conditions. The Competition Commission wants the firms to cough up for their “cartel conduct”.