SABC experienced significant regression in the last financial year.
The South African Broadcasting Corporation says that while its net loss has improved on the last seven years, it experienced significant regression in the last financial year.The broadcaster told Parliament its revenue growth forecast for 2024, is also unlikely to be met.
Deputy Communications and Digital Technologies Minister Philly Mapulane says, “Talks about the lack of improvements, and SABC has to account for what happened to the funds that were used for the turnaround.”The SABC says there was an evasion rate at almost 85%. Responding to questions about possible corruption at the entity in recent years, representatives said while no corruption has been reported or picked up, there is concern that the internal environment at the SABC is under threat.
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