The SABC has reduced its net losses by 35 percent in the 2018/2019 financial year. SABC Board Chairperson Bongumusa Makhathini said this in his opening remarks during a briefing to the Communications Committee in Parliament. The SABC board and executive were presenting the annual report for the 2018/2019 financial year on Tuesday. This morning on the Talking Point we are hosting the SABC's group CEO, Mr Madoda Mxakwe, to discuss the SABC bailout, cost-cutting measures to avoid the reliance on government bailouts, mismanagement of funds at the SABC, reports of possible retrenchments, the tariff increase on the current TV licence, new broadcast technology and also issues around renegotiations of sports rights…

GUEST: SABC's group CEO, Mr Madoda Mxakwe