Ndabeni-Abrahams requests R3.2 billion loan guarantee for SABC via SABCNewsOnline
The SABC says Communications Ministernewly appointed SABC boardSABC Board Chairperson Bongumusa Makhathini says although it can still afford to pay employee salaries, the public broadcaster is battling to meet its other financial obligations.
“We are grateful for the effort and the contribution by the minister. She’s helped put together a team made up of DOC, National Treasury and the SABC and there is great progress in that area. We are looking really positive to get financial help. She’s actually put a request for R3.2 billion to help us settle some of the outstanding debt that we have.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SABC bailout talks ongoing: Ndabeni-Abrahams - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%Communications Minister Stella Ndabeni-Abrahams says her department is in ongoing discussions with National Treasury for a financial bail-out for the South African Broadcasting Corporation (SABC.)%
Read more »
SABC welcomes newly appointed board members - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The SABC welcomed members of the newly reconstituted SABC Board to the corporation on Tuesday.
Read more »
SABC fires Chris MarolengThe SABC Board has terminated the contract of its COO, Chris Maroleng.
Read more »
UPDATE: Fired SABC COO Chris Maroleng to appeal disciplinary findingsALERT: The SABC board has fired its COO ChrisMaroleng with immediate effect. Maroleng was appointed on 1 February 2018.
Read more »
SABC fires chief operating officer Chris MarolengThe embattled SABC has terminated the contract of chief operating officer Chris Maroleni with immediate effect.
Read more »
There will be no Ramaphosa vs Maimane debate on SABC, says ANCThe party says it 'refuses to be cajoled into a debate that never was' between the president and opposition leader.
Read more »
ANC denies knowledge of SABC debate between Ramaphosa, MaimaneThe ANC head of the presidency at Luthuli House, Zizi Kodwa, said that President Cyril Ramaphosa knows nothing about the debate.
Read more »
SABC fires Chris Maroleng as COOThe state-owned South African Broadcasting Corporation (SABC) has fired its chief operations officer Chris 'Don't Touch Me on My Studio' Maroleng. Maroleng's contract was terminated with immediate effect after he was appointed to the position in January 2018 by the previous board that was chaired by Bongumusa Makhathini.
Read more »
Axed SABC boss mulls legal fightback following dismissal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%Axed SABC Chief Operations Officer, Chris Maroleng, says he intends taking the termination of his contract with the public broadcaster to the courts.%
Read more »