Hlaudi 'to blame' for R509 million loss at SABC
Communications Minister Ayanda Dlodlo was upbeat that the firing of Hlaudi Motsoeneng as the SABC’s COO meant “that is an era that is behind us”
14 June 2017 - 07:40
The SABC lost R509-million in the fourth quarter of the 2016-2017 financial year‚ almost four times the budgeted loss of R137-million. Acting SABC group CEO Tseliso Ralitabo said the fourth-quarter revenue of R1.6-billion was down R353-million, or 20%, from the same quarter of the previous year.
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