SABC needs about R6-billion to stay afloat

Times Live says that the corporation has failed to implement the conditions imposed on it by government when it bailed out the corporation with a R1,47-billion guarantee last year.

The Star reports that ANC MP, Suzan Tsebe - who is part of the National Assembly's communications portfolio committee - says that while the SABC paints a rosy picture about its performance the report from the Treasury tells a completely different story.

It says that the turnaround plan was not complete and the business plans for a 24-hour news channel and dedicated sports channel, along with plans for migration to a digital platform were still outstanding.

Times Live reports Deputy Communications Minister, Obed Bapela saying that the British Broadcasting Corporation is funded entirely by government and that "this is a model we have to consider".

Read more:

• Times Live: Cash-strapped SABC wields axe

• The Star: Conflicting views on state of SABC finances