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Government plans to provide SABC with interim financial relief to stop collapse by end of March

Wednesday 13 March 2019 | 20:16 CET | News
Communications minister Stella Ndabeni-Abrahams has announced that National Treasury has agreed to provide the South Africa Broadcasting Corporation (SABC) with interim financial relief, to prevent it from collapsing by the end of the month, reported BusinessTech. The amount is still to be decided, but Ndabeni-Abrahams said it would not be the ZAR 6.8 billion that the SABC said that it needed.

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Categories: Broadcast & Satellite
Companies: South Africa Broadcasting
Countries: South Africa
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