South African public broadcaster to record another loss of R590 million as 'current budget reflects an SABC in financial distress'.

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by Thinus FerreiraSouth Africa's public broadcaster is set to record yet another annual loss of R590 million for the 2023/2024 financial year, noting in documents that "the current budget reflects an SABC in financial distress".The SABC's R590 million loss will be lower than the over R1.1 billion loss it made in the previous year.The SABC is making a loss on SABC2, SABC3, SABC Sport, SABC News,
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South African public broadcaster to record another loss of R590 million as 'current budget reflects an SABC in financial distress'. South African public broadcaster to record another loss of R590 million as 'current budget reflects an SABC in financial distress'. Reviewed by Admin Blog on 7:24 PM Rating: 5

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