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Apparently board chairman Ben Ngubane has rejected the view that the trail of disaster shows the SABC is far from being fixed. He's quoted as saying that, "It's no longer a sinking ship, [but] it may still be leaking a bit".
Leaking "a bit"?
The last time anyone might have said that with the same lack of appreciation of the dire straits in which a ship has found itself would have been on 15 April 1912. And we all know what happened then, don't we.
Anyone...? Anyone...? Well according to a poll on Times Live, 93% of the respondents reckon No! The bad news is that all of us taxpayers - and that includes the 93% in the poll who reckon the proposed channel is essentially a non-starter - will be paying towards it nevertheless.
The Treasury will probably have to keep throwing money at it to keep it going, and you know of course where the Treasury gets a great deal of its money, right?
Communications Minister Dina Pule is reported as saying that the new channel will cost R180m in its first year, increasing to R240m in the fifth year. Oh, and there's a little matter of an extra R75m it will need for its capital expenditure programme.
Have you ever heard of any government project staying within budget? No? Well, nor have we - so if you want to try to convince us this will be a first, just Pule the other one.
In an editorial, Times Live says that we can ill-afford SABC's 24-hour news channel.