File: At least R3-billion is what the SABC needs to stay on air and to prevent it from complete collapse.
JOHANNESBURG - Hlaudi Motsoaneng&39;s 90 percent quota on local content has cost the broadcaster more than R200-million, the interim board said on Monday
SABC Board&39;s Mathatha Tsedu tells Parliament Hlaudi&39;s 90% rule cost radio R29m and TV R183m in revenue.— Lester Kiewit (@lesterkk) April 24, 2017
The board briefed Parliament&39;s Communications Portfolio Committee on its goals to rebuild the public broadcaster.
It said bad decisions made by former SABC chief operations officer Hlaudi Motsoane had directly contributed to the public losing confidence in the SABC. In turn, it lost much-needed revenue.
The interim board has been at the helm for only a few months.
It was appointed after the former 15-member board was dissolved, including the executive members, following a damning report from an ad-hoc committee that probed the embattled broadcaster’s affairs.
The deputy chairman of the interim board, Mathata Tsedu, said: "The SABC as everyone here knows is facing a multiplicity of crises ranging from funding to liquidity to loss of credibility and audiences, and essentially obsolete technology that will not interface with digital terrestrial television.
"The financial crisis means the SABC is unable to meet its contractual commitments."