South African Broadcasting Corporation SABC s top brass have today told the Standing Committee on Appropriations that intervention is required to keep the public broadcaster on air. Appearing before the committee to discuss its funding model, the SABC told MPs that despite doing well from an audit perspective .
The withdrawal of the SABC Bill, no access to capital, and having to compete with media entities that are solely commercial could sound the death knell for the public broadcaster.
The financial woes of the SABC are no secret. And neither is the impact of the outdated funding model.