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SABC bailed out
NEWSWATCH: The national broadcaster is to be bailed out to the tune of R1.5bn, reports Times LIVE - a move that has been slammed by the Democratic Alliance, reports IOL. On the mobile front, Telkom's plans to get back into the cellular market are ‘suicidal' according to an analyst, reports Times LIVE.
For more:
- Times LIVE: R1.5bn bailout for SABC… And the Communications Minister hopes that the injection will help the corporation to settle its debts.
- IOL: DA slams rescue money for broadcaster… The DA reckons it's wrong that taxpayers should pay for what they see as mismanagement, and they want the people responsible brought to book.
- Times LIVE: Telkom cell plans 'suicidal'… An analyst reckons that Telkom's plans to target the retail market in the cellphone market are ‘suicidal'.
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