South Africa’s SABC on verge of collapse
South Africa’s public broadcaster SABC is asking the country’s government to provide it with a Rand 3.2 billion (€1.9bn) guarantee to help stop a blackout of broadcasts. The guarantee is needed to permit SABC to secure commercial borrowings. The country’s Sunday Times newspaper reported that SABC is “saddled” with debts to local authorities, signal distributors […]