New funding model sought for SABC

NEWSWATCH: The Communications Minister has appointed a team to investigate a new funding model for the cash-strapped national broadcaster, reports IOL. Meanwhile, the Broadcast, Electronic Media and Allied Workers' Union (Bemawu) is concerned the broadcaster may be considering retrenchment of workers as one of its options, reports Business Day.

For more:

IOL: SABC team to look at funding… While the interim board looks at cost cutting and savings, the new team will look at a longer term solution to the funding crisis.
Business Day: SABC might be planning retrenchments, says union… One way to cut costs, and a bloated workforce, is to retrench staff… Is that an option the SABC is considering?