SABC’s Financial Woes

The SABC could find itself having to apply for business rescue as its finances once again teeter on the brink. CFO Yolande van Biljon has warned that in the worst-case scenario, the broadcaster might have to follow the route of the South African Post Office to avoid liquidation. In the light of SABC being owed billions of rands by public in TV licence fees, listeners shared their experiences with paying or non-paying of these fees.