The SABC is once again tethering on the brink of financial collapse, so much so the public broadcaster may apply for business rescue. According to reports, CFO Yolande van Biljon said the worst case scenario would see the SABC suffer the same fate as state-owned postal services, which is now in provisional liquidation. The broadcaster looks set to announce a loss north of R1 billion for the March 2023 financial year, with load shedding highlighted as the biggest culprit hindering the SABC’s performance. Thabiso Tema spoke to Media Monitoring’s William Bird.

<p>The SABC is once again tethering on the brink of financial collapse, so much so the public broadcaster may apply for business rescue. According to reports, CFO Yolande van Biljon said the worst case scenario would see the SABC suffer the same fate as state-owned postal services, which is now in provisional liquidation. The broadcaster looks set to announce a loss north of R1 billion for the March 2023 financial year, with load shedding highlighted as the biggest culprit hindering the SABC’s performance. Thabiso Tema spoke to Media Monitoring’s William Bird.</p>

POWER Breakfast is a fast-paced three-hour news and current affairs show, alternating between the latest breaking news, political coverage, analysis, sport, market reports, weather and all your calls. Whether you’re in business, the public service or just want to stay informed, tune in as Thabiso TT Tema connects you to your world.

<p>POWER Breakfast is a fast-paced three-hour news and current affairs show, alternating between the latest breaking news, political coverage, analysis, sport, market reports, weather and all your calls. Whether you&rsquo;re in business, the public service or just want to stay informed, tune in as Thabiso TT Tema connects you to your world.</p>