Place SABC under extension and don’t extend R1.5bn guarantee‚ says DA

10 July 2016 - 14:44 By TMG Digital

The Democratic Alliance has called on Finance Minister Pravin Gordhan and the National Treasury not to extend a R1.5 billion guarantee to the SABC‚ but instead place the public broadcaster under administration. DA spokesperson on communications Phumzile Van Damme said on Sunday that reports that the SABC's finances had deteriorated so badly it would be forced to approach the banks for a loan with a National Treasury guarantee‚ should ring serious alarm bells for Gordhan.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

X