Subscribe to the bi-annual report
  • This field is for validation purposes and should be left unchanged.
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.

Continue reading here.

South Africa at a Glance
58 780 000 (mid 2019 estimate)
4.3% y/y in August 2019 (CPI) & +4.5 y/y in August 2019 (PPI)
3.1% q/q (2nd quarter of 2019)
More information: Click here!