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Assessing and promoting civil and minority rights in South Africa.

[Source: Daily Maverick by Rebecca Davis.]

The SABC board says a ‘communication blackout’ at the state broadcaster is ‘imminent’. With its debt building insurmountably, the SABC joins the queue of state-owned entities with begging bowls out to National Treasury. The progress in turning around SOEs – the Ground Zero of State Capture – has been slow and faltering, beset by rising debt, leadership challenges and ambivalence from the government.

Another week, another state-owned entity (SOE) on the verge of financial disaster.

With SABC board chair Bongumusa Makhathini telling the Sunday Times that staff salaries may not be payable at the end of June, the broadcaster is reported to be facing a complete “communication blackout” imminently if its financial situation does not improve.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.5% y/y in May 2019 (CPI) & +6.4 y/y in May 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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