SABC taps run dry for Guptas

TheChamp

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The SABC tap is now closed for the Gupta family with this week’s The New Age (TNA) Business Breakfast, from which the controversial family’s media company benefited, being the last of its kind. “The board met with The New Age and informed them that the breakfasts are not going to continue ... even though the current contract says they have to give 11 months’ notice,” said a source close to the board. Neither the Gupta-owned newspaper’s public relations desk nor the SABC responded to questions this week.

The canning of the TNA Morning Live show that broadcasts the TNA business breakfast briefings has been a long time coming. Sources told of how, when Mike Siluma first signed the contract in 2011, the broadcasts – where favoured political figures discuss current affairs – were only held five times a year.After suspended chief operations officer Hlaudi Motsoeneng took over the reins at the SABC, these swelled to as many as 45 per year.

“We’ve spent something like R20m just on the outside broadcasts. We haven’t made a cent in return,” said a source.

Another said:

“The tens of millions of rands TNA has earned from sponsors – mostly state-owned enterprises such as Eskom, Telkom and Transnet – go to them. The sponsorship money is not shared.”

http://www.news24.com/SouthAfrica/News/sabc-taps-run-dry-for-guptas-20170610
 
Dodgy sht is dogy. Whats new?

The problem is stopping this stuff years after it started is no good. They got away with it for years & made massive coin. So other will try to copy that.
 
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