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Four SABC board members resign

eNCA logo eNCA 2018-12-06

JOHANNESBURG - Four SABC board members have resigned.

Mathatha Tsedu is the lastest board member to quit.

a sign on the side of a building He joins Krish Naidoo, deputy chairperson Khanyisile Kweyama and John Mattison who have now stepped down.

READ: SABC silent on reports of board members' resignations

It was reported that the resignation letters reportedly dive deeper into the pressing issues of lack of funds, and disagreements over retrenchments at the public broadcaster.

In the 2016 financial year, the SABC recorded a net loss of close to R1-billion.

Last year losses were down to R722-million. 

With R26-million in the bank at the end of August and R694-million owed to creditors, the SABC was faced with liquidity challenges and could not pay its bills.

The strangest things we saw this week (Supplied by Reuters) 

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