Nada Wotshela is to take up the reins at the broadcaster as acting group chief executive

Having struggled to keep up with changing markets, the two entities under the department of communications are in states of financial disrepair

SAfm has allegedly been operating this way since Dennis O’Donnell’s resignation, with different people being brought in to take on the role of station manager.

Factual, or technical insolvency occurs when a company’s liabilities exceed its assets

The Southern African Music Rights Organisation is the latest to be affected by the public broadcaster’s financial troubles

An SABC board member told Parliament that by February, the public broadcaster would not be able to pay full salaries

Executive directors at the national broadcaster say they do not take retrenchments lightly, but that they’d be remiss not to engage in this process

This comes after broadcaster SuperSport pulled out as CSA’s equity partners in the event.

The SABC’s financial situation is dire says SABC board chairperson Bongumusa Makhathini

The presidency hopes Parliament will speedily fill all vacancies on the SABC board

The broadcaster’s chair has said the appointments were in line with the board’s commitment to ensure stability within the organisation