Thursday , 26 February 2026

Themba Shiba

Minister Godongwana to step in to stabilise troubled Telkom, SABC

Minister Godongwana to step in to stabilise troubled Telkom SABC

Finance Minister Enoch Godongwana has committed to stepping in to stabilise two of the country’s most troubled state owned entities, Telkom and the South African Broadcasting Corporation (SABC). Government’s intervention comes as both parastatals have been grappling with financial strain for years, with Telkom even facing the threat of liquidation due to its deteriorating financial position. Godongwana confirms that Treasury …

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