IFP bemoan SABC's billion Rand bail out

By Doug Mattushek - 07 October 2019Views : 382


The Inkatha Freedom Party has spoken out against the R2.1 billion bailout the South African Broadcasting Corporation is set to receive.

THe SABC originally asked for R3.2 billion, but Communications and Digital Technologies Minister Stella Ndabeni-Abrahams revealed that only five out of the eight conditions were met and adjusted the bailout.

On Monday, the IFP released a strongly worded statement lamenting the wastage of public funds.

"The IFP strongly believes that the latest bailout paid out from National Treasury to the public broadcaster on conditions should be the very last money it receives from the public," read the statement.

"Cash-strapped SABC will today receive an allocation of R2.1 billion. This money according to the SABC Chairperson will go to covering existing debt and paying salaries of employees.

"The IFP is of the view that not a single condition which has been set out by the National Treasury to the SABC may be deviated from. Salaries in particular should match or be in line with the threshold set by Treasury.

"It is unacceptable that public funds which could have been used to build houses, improve the quality of life of South Africans and provide clean running water in communities across the country is being spent on keeping the SABC afloat."