The 62% reduction in government subsidies to national broadcaster NBC has placed its survival in jeopardy, says Director General, Stanley Similo. The NBC was allocated N$127.5 million, which Similo described as “a drop in the ocean for an entity whose monthly operational costs stand at N$ 32 million”. The Namibia press agency reports that the NBC’s annual operational cost amounts to N$ 386.2 million. Of this, N$ 263 million goes to salaries, N$ 79.5 million is for direct operations, N$ 13.4 million for repairs and maintenance, N$ 29 million for support facilities and N$ 1.7 million for finance costs.