Dlodlo seeking long term for cash-strapped SABC
11 May 2017
Cape Town - While she doesn't want to divulge how much the SABC wants for a bailout, Communications Minister Ayanda Dlodlo is looking for a lasting solution for the SABC's money problems rather than a quick-fix.
This she said to reporters at a post-cabinet briefing on Thursday morning, a day after she told the National Assembly that the SABC will not have the financial resources to meet its financial obligations after it recorded a loss of R509m in the fourth quarter of the last financial year, which ended on March 31.
On Wednesday morning, the interim SABC board presented an update on the steps they had taken since assuming their work in mid-April.
Khanyisile Kweyama, chairperson of the interim board, said they had submitted a funding proposal to Dlodlo earlier on Wednesday. Kweyama didn't want to divulge further details publicly before Dlodlo had a look at it.