You're reading it here first. The SABC still owes TV producers in South Africa R18 million. Or more precisely: R18 319 636,00.
I've just gotten my hands on a presentation by Mvuzo Mbebe, the SABC's group executive for Content Enterprises.
The SABC has now created 5 payment categories based on the amount the SABC has to pay and the ''age'' of the debt and how it has been due. It's to, as Mbebe says ''fast-track this [payment] process and assist producers as quickly as we can.''
Basically the SABC - who actually has done good reducing the R80 million it still owed local producers at June - swill pay smaller amounts first and stagger bigger payments over the next few months for bigger outstanding invoices.
