One of the reasons for the country’s recession is the so called semi state entities such as Eskom, Telkom, Sasol, Denel, Transnet and others, all of which are in serious financial crisis. The SABC announced a R622 million loss for the year ending 31 March 2018. According to the SABC, it is an improvement on … Continue reading SABC’s R622 million loss, government jumps to the rescue