South Africa's Finance Minister, Tito Mboweni has declined to give the cash-strapped(SABC) South African Broadcasting Corporation a much-needed government guarantee. News website, Times live reports that Mboweni relayed his decision in a letter to Communications Minister, Stella Ndabeni-Abrahams late last month. The cash strapped public broadcaster, SABC has prioritised salaries, as it struggles with a mountain of debt following what analysts say are years of mismanagement. The Finance Minister reportedly cites government's fiscal constraints and that it cannot offer bail-outs unless the entity is financially viable. Mboweni has also expressed concerns about the SABC's high cost structure, including its salary bill.