LETTER: Privatise insolvent SABC
Communications minister Stella Ndabeni-Abrahams’s actions were the final nail in the broadcaster’s coffin
It is insolvent, let it go. There is no money for more bailouts, let it go. (“Broke SABC On Brink Of Collapse”, March 12.)
Communications minister Stella Ndabeni-Abrahams’s actions were the final nail in the SABC’s coffin. It’s not worth a state-wide fiscal collapse to let the SABC run for a few more months under the status quo.
The private sector can take over all of the SABC’s functions and turn a profit. The government can pay specific subsidies for public interest content if it wishes to — it would be a far cheaper way of meeting the same objective.