SABC in world Cup bungle

[Sarakael]

Internal SABC documents in Sowetan’s possession reveal that SABC producers told their bosses a year ago that Johannesburg’s Nasrec centre should be used as broadcasting headquarters.
But former group executive of content enterprise Mvuso Mbebe said the R3,8million price tag was too high and cancelled the plans.

Ten months later, in February this year, SABC executives changed their minds but by then Nasrec was fully booked.

The SABC then allegedly sublet space at the Sandton Convention Centre through a “contact” of Peter Kwele, head of SABC’s 2010 project unit.
A deal was struck. SABC would give Kwele’s “contact” advertising worth R1million in exchange for the venue. But last week the fee mysteriously shot up to R26million.

The documents reveal that SABC producers were given the go-ahead to work with a budget of R87million – R1million of which would cover the venue fee – and began all the technical work to get the venue ready.
But now the SABC has a shortfall of R25million.

Sowetan sources said the SABC’s general operating budget does not have a spare R25million to cover the unexpected increase.
The source said the SABC was likely to borrow the money using its government guarantee

Read the rest here: http://www.sowetan.co.za/News/Article.aspx?id=1134901

 

[LazyLion]

LOL... did we expect anything else?

 

[murraybiscuit]

The source said the SABC was likely to borrow the money using its government guarantee

therein the problem. so effectively the government has signed a blank cheque and the sabc gets to choose who they give it to.
i mean, honestly. who ever heard of the sabc paying the government back?

 

[The_Unbeliever]

typical

makes me so

 

[Otumeel]

And the thing is nobody can do sweet blue ****all about it.

We can write about it a bit in the media ... we can bitch and moan on public forums ... but that's about it.

 

[Natas]

This is why the SABC needs to DIE!!! People should refrain from paying thier TV licenses on moral grounds.. I know I don't... do the RIGHT thing people... DON'T pay your TV license!!