SABC boss Madoda Mxakwe tells parliament the South African public broadcaster will be bankrupt by 31 March 2019 as audience share continues to fall: 'Our cashflow is depleted'.

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Madoda Mxakwe, SABC CEO, on Tuesday told parliament that the financially gutted and struggling South African Broadcasting Corporation will be factually insolvent by 31 March 2019 as audience share continues to fall, saying: 'Our cashflow is depleted'. The South African public broadcaster is on the edge of financial collapse and has already been described by South Africa's Auditor-General (AG)
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SABC boss Madoda Mxakwe tells parliament the South African public broadcaster will be bankrupt by 31 March 2019 as audience share continues to fall: 'Our cashflow is depleted'. SABC boss Madoda Mxakwe tells parliament the South African public broadcaster will be bankrupt by 31 March 2019 as audience share continues to fall: 'Our cashflow is depleted'. Reviewed by Admin Blog on 9:03 PM Rating: 5

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