SABC state help ‘depends on permanent executives’
Treasury sources say that without a permanent board and executives in place the public broadcaster lacks accountability
The Treasury will not advance the R3bn government guarantee that the SABC has requested until the public broadcaster deals with several issues, including the appointment of permanent executives. Treasury sources said there was concern that without a permanent board and executives in place there would be no accountability at the SABC, increasing the likelihood of its turnaround plan failing. The SABC, which is in the throes of its worst financial crisis, has been without a board since the term of the interim board expired in September. The broadcaster is being led by three acting executives, whose appointments were extended by Communications Minister Ayanda Dlodlo on Thursday. The absence of a board and permanent executives has raised fears that the broadcaster could sink deeper into the red. Auditor-General Kimi Makwetu has warned about the SABC’s going-concern status, noting it was commercially insolvent at the end of March. Without a government guarantee, the SABC was unlikely to ...
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