SABC goes from hero to zero

• The South African Broadcasting Corporation (SABC) has indeed gone from a peak of profitability in the 2000's to a very poor financial state.
• The SABC's financial decline began after 2007/08, when it reported a net profit decline of R321 million, marking its last profitable year until now.
• The SABC's financial struggles have significant implications for the country's media landscape, potentially affecting the quality and availability of public broadcasting services.