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SABC blows R1.5bn

Financial mismanagement continues to ravage the SABC, with its latest annual report showing a failure to account adequately for R1.5-billion spent on consultants for services that could have been provided by its own staff. The auditor-general  said the SABC had recorded R106.3m worth of irregular expenditure, and there was no evidence of the collection of TV licence fees worth R913.8m. The cartoon has the SABC's acting chief operating officer, Hlaudi Motsoeneng watching the TV licence fees going down a bottomless hole. This lacunea was not the positive new he meant.

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