The SABC runs the risk of sinking into deeper financial trouble after it missed the deadline to submit its corporate plan. Communications Minister Mmamoloko Kubayi-Ngubane told MPs on Tuesday that the SABC had missed two deadlines to submit its corporate plan. A corporate plan generally details a company’s goals, objectives and desired outcomes. This guides its strategic objectives. The SABC is facing its worst financial crisis to date and is still waiting on a R3bn government bail-out. Kubayi-Ngubane, who was briefing MPs on the SABC’s memorandum of incorporation, said that other entities under her watch were processing the final drafts of their corporate plans while the public broadcaster had not yet submitted its first draft. The minister said she would not be able to sign off on the SABC’s memorandum of incorporation until the board finalised the corporate plan. "We had asked the SABC to submit a corporate plan [but] by last year they had not complied. "I met with them … in Janu...

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