South African Broadcasting Corporation(SABC) has denied claims that it intends to privatise SABC3, Metro FM, 5FM and Good Hope FM.
The public broadcaster has released a statement this morning after it was reportedly made aware of an article by Inside Politics published on 4 February 2020.
Acting SABC spokesperson, Mmoni Seapolelo, said in a statement "Because of the potential uncertainty this information can cause, the SABC believes it is necessary to clarify that it is not intending to sell the assets mentioned in the article and has had no discussions with government in this regard."
Mmoni added: "As requested by National Treasury and the Ministry of Communications and Digital Technologies, the SABC is conducting a thorough process of assessing all its assets, determining which are core and non-core, taking into account a range of factors including public mandate, licence conditions and financial contribution.
The SABC says it remains committed to ensuring that the public service broadcaster fulfils its public service mandate and at the same time "striving to be a financially sustainability institution".
MEDIA STATEMENT | SABC DENIES SALE OF SABC 3, METRO FM, 5FM AND GOOD HOPE FM pic.twitter.com/7iY3Bq2i7i— SABC (@SABCPortal) February 10, 2020