NBC cuts transmission time, broadcasting services amid budget cuts
Contributed by NAMPA.
WINDHOEK, 09 SEP (NAMPA) – The Namibian Broadcasting Corporation (NBC) will cut transmission hours and some of its broadcasting services as a measure of cutting costs, effective 10 September 2019.
The austerity measures come at the back of an accrued debt of N.dollars 150 million, which has been accumulating at an average rate of N.dollars 15 million per month.
Speaking at the media conference here on Monday, NBC’s Chairman Board of Directors, Sven Thieme, said the proposed austerity measures ...