SABC directors could be declared delinquent
SABC CEO Madoda Mxakwe tells parliament the public broadcaster’s turnaround strategy is being hampered by a lack of funds
The SABC’s board of directors could be declared delinquent as the embattled public broadcaster is trading under insolvent circumstances.
The main source of news for the majority of SA’s population is technically insolvent. Its falling revenues mean it cannot service its debt of almost R2bn...