CEO Says South Africa’s SABC Is Facing Possibility Of Insolvency By End Of March

The SABC’s financial crisis is reported to have become so dire that the public broadcaster is at high risk of being insolvent by the end of March if no immediate action is taken, according to what South Africa’s Parliament has been told. The SABC briefed Parliament’s communications committee on its recovery plan. The public broadcaster’s Chief Executive Officer, Madoda Mxakwe …Read the Original Article