SABC 'has no choice but to cut jobs'
SABC executives had a tough time in Parliament on Tuesday trying to explain the need for job cuts
The SABC on Tuesday said it remained in a dire financial state and would probably be unable to pay salaries and service providers in the coming months. The broadcaster said it had no choice but to cut jobs to remain viable. SABC executives told MPs the broadcaster needed a cash injection of at least R3bn to stay afloat. However, the Treasury has not acceded to the SABC’s request for yet another government guarantee. The request was submitted more than a year ago, said board chairman Bongumusa Makhathini, who warned the broadcaster could collapse and fail to pay salaries and service providers by March 2019 should the current financial crisis not be addressed urgently. SABC executives had a tough time in Parliament on Tuesday trying to explain the need for job cuts at the troubled public broadcaster. The SABC executives were briefing Parliament’s communications portfolio on the proposed retrenchments. MPs across the political spectrum indicated they were opposed to the planned retrenc...
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