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SABC expects ZAR 1.1 bln remaining bail-out by end-March

Thursday 27 February 2020 | 11:19 CET | News
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The South African Broadcasting Corporation is expected to receive the remaining ZAR 1.1 billion of its ZAR 3.2 billion bail-out by the end of next month, the National Treasury said, according to SANews reported. The board has been informed that it will get the bailout in phases, provided that it meets certain conditions as part of its turnaround strategy. 

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Categories: Broadcast & Satellite
Countries: South Africa
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