MBC wants K4.9bn bailout from taxpayers: Chilima says NO, ‘run as businesses’
Despite its commercial viability, Malawi Broadcasting Corporation (MBC) says it has huge liabilities and wants a bailout on its K4.9 billion tax arrears and K1.2 billion in pension arrears.
This was revealed during technical meetings which State vice-president Saulos Chilima had with Parastatals based in the Southern Region to appreciate the reforms being implemented.
However, Chilima told off MBC, saying that there will be no bailout because “a closer look at MBC shows they have the potential to get out of the situation”.
Chilima, who is also Minister of Economic Planning and Development and Public Sector Reforms, said: “MBC must run as a business while strengthening its social obligations.”
He added that it is the vision of President Lazarus Chakwera that MBC becomes a public broadcaster free from political influence. Once MBC achieves this, advertisers will flock back.
Chiliam pointed out that MBC’s three – year turnaround strategy in programming, infrastructure, investment and commercialisation also have the potential to turn the broadcaster into an efficient, effective and professional institution that is admired and supported by all Malawians.
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Even if it can disband, We don’t watch MBC nowadays. It was best durig the first years of Malopa as DG, but started boring nearing the last days of Bingu up to now.
Bwana Veep mwanena apapa nzabodza and nokha muntima mukudziwa but ndikukumvetsani munakwiya nawo pazomwe anakunenani zija. You want to paralyse MBC to ouster all alleged DPP sympathizers through massive retrenchments which is almost certain if a bailout is refused. There is no way a national broadcaster can commercially be viable while “strengthening its social obligations”. If national broadcasters in rich countries like SABC and BBC are financially struggling although charging TV licences what’s more here, a country with just a handful of reliable and consistent advertisers? If this decision is being based on fact that MCP will be starting its… Read more »
MBC receives gvt funding apart from the revenue generated from advertisement. The VP is ryt. The instruction has to put its house in order and they can pay back the loans.
cv
Ndikumuona Malawi akulongosoka sopano
For the first time this new government has inspired me
Uwu nde utsgoleri. Osati Oga DPP Landlord
Yee
That’s right if managed well they can achieve great things. If they don’t deliver then some heads must roll
That means NO bail outs. Bravo VP. Iwo amawononga ndalama amati cha
Good move. We just need to let their potential thrive, the hard way. free from ruling party stooges
Its a very good development and we thank the Govt for the initiative to change the way the MBC should work efficiently for self sustenance.Gross mismanagement should be the thing of the past by changing the entire management unit.