SABC promises 2012 profit

By Incorrect Author 4 November 2009

The new, interim board of the SABC on Tuesday told Parliament that the corporation will turn a profit by 2012 and will repay its debts by the end of 2014. Those debts are starting to approach R1 billion in hard cash, and it has asked for a R1.4 billion guarantee from the Treasury. But everything hinges on the SABC's ability to curtail costs and stop waste, and it has yet to show the ability to do either. Read more: TechCentral

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Stimulus Package

Ramaphosa steps up to economic realities with R50bn package

By Greg Nicolson

"Look for lessons about haunting when there are thousands of ghosts; when entire societies become haunted by terrible deeds that are systematically occurring and are simultaneously denied by every public organ of governance and communication." ~ Avery Gordon