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South Africa

South Africa Forum/Politics

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SABC requests broader concessions from Treasury to implement sections of PFMA

ewn.co.za/2025/0...

submitted 12 months ago by Lthabo1999

SABC requests broader concessions from Treasury to implement sections of PFMA

submitted 12 months ago by Lthabo1999

SABC requests broader concessions from Treasury to implement sections of PFMA
  • The SABC, a struggling entity, has asked for more flexibility from the Treasury to avoid following certain rules of the Public Finance Management Act (PFMA) that it believes limit its competitiveness and ability to protect intellectual property.
  • Despite showing some financial improvement and stability, the SABC still faces challenges in optimizing its commercial activities due to the constraints imposed by the PFMA regulations.
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