Many holes in the SABC plot
If the SABC was a listed company, its shareholders would have abandoned it long ago
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If the SABC was a listed company, its shareholders would have abandoned it long ago
Does it really matter if they screw up? Wont government just bail them out every time? Damn I would sleep all day at the office too if I had a safety net the size of a football field.
Government subsidy accounts for only 2% (R75m) of the SABC’s revenue, a drop in the ocean compared with the R3,6bn income the group receives from commercial streams. State funding for 2007/2008 fell by 10,7% from R84m.
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During the year under review, the SABC spent R152m in direct collection activities — including hiring debt collectors — to gather R822m (up 8%) in television licence revenue. TV licences make up 17% of the group’s income.
Who watches their bull5hi7 anyways!? Between their rubbish programming, crap sports coverage of all sorts, CONTINUITY presenters who are totally uncalled for and unheard of on every other network in the world and their bias news coverage, I think they're a total waste of time. In fact all the shows I need I source from elsewhere.