Thursday, February 4, 2010

BREAKING. Sentech ''rudderless'', in urgent need of drastic action and an ''unstable business''.



You're reading it here first.

Yesterday I told you RIGHT HERE that today was going to be a big day for Sentech as well as the SABC because of the release of the report of the ministerial task team that investigated the state-owned signal distributor as well as the public broadcaster at the end of last year.

The minister of communications just released the information - a 93 page report by the ministerial task team with extremely strongly worded language.

The task team found that Sentech as signal distributor ''is in urgent need of a turnaround strategy'' and that ''drastic and immediate action is needed if Sentech is to avoid lapsing into terminal decline''. The task team further shockingly states that Sentech ''in its current state, rudderless, inadequately funded and misdirected; its status quo renders it an unsustainable business''.

For more on the task team's recommendations after these SHOCKING findings into Sentech, click on READ MORE below.

The task team has made several recommendations on Sentech:

That Sentech looks for new opportunities to make money within the African market through broadcast signal distribution,
That Sentech should ask the government for a guarantee that it will remain the preferred supplier of the broadcast signals of the SABC
That Sentech should stop all loss-making products and ventures (which it has done).
That the government should pump billions more into Sentech which is under budget for South Africa's migration to digital terrestrial television (DTT).
That Sentech drastically improves the signal distributor's leadership and governance.
That Sentech must grow leadership and talent internally, and keep staff who has talent.

Be glad that you actually thus have a TV signal. There is clearly a LOT of things seriously WRONG at Sentech management wise.