From Limpopo to London: SABC property up for sale

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Broadcaster owned property in London and several towns in South Africa

A farm in Limpopo, a flat in London, an apartment block in Cape Town, flats in Mafikeng and homes in Tshwane townships. These are all part of a bizarre property portfolio that the SABC is trying to offload.

The SABC has received R2.1bn of a R3.2bn bailout from the government. It received the money two weeks ago after months of delay while fine-tuning its turnaround strategy...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

 

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