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SABC has plan to pay off its debts

NEWSWATCH: The national broadcaster has a plan to pay off its debts - and even move into profitability by March 2012, reports IOL.

4 Nov 2009

SABC has plan to pay off its debts

For more:

IOL: SABC has plan to repay its debt… The national broadcaster apparently has a plan to pay the monies that it owes; it also intends contesting a R1bn contract, and meanwhile has applied for a five-year R1.4bn guarantee from the government. This would allow it to borrow money from institutions.

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