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South African broadcaster SABC delays job cuts plan by a week

South African broadcaster SABC delays job cuts plan by a week

THE South African Broadcasting Corporation (SABC) is delaying a plan to lay off 600 employees by a week, following protests by some of its presenters and journalists, who have threatened a radio and TV blackout. The SABC is among a clutch of heavily indebted state-owned firms that President Cyril Ramaphosa has promised to wean off public funding. But this week the broadcaster's board said it needed at least 1 billion rand ($65 million) per annum to keep operations going, and that its plan to cut costs by lowering headcount was not yet working. "The Board of the SABC would like…
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