Prasa a failure on many levels – and improvement is slow and inadequate
The latest Prasa annual report, discussed at the end of March 2022 before Parliament’s Standing Committee on Public Accounts, reveals that not much has improved at the embattled state-owned entity. In the 2020/2021 financial year Prasa recorded a loss of R1.9-billion and increased operating costs of R15.5-billion, while its revenue decreased by R900-million.