City Press

R193 MILLION ‘HOLE’ FORCES PSL TO REPRIORITISE SPENDING

Despite the current tough trading conditions, the PSL continues to show incredible resilience, with the organisation eyeing the R1 billion revenue benchmark against all odds.

The PSL has lost two major sources of funding in the past few months, with Absa and Telkom having withdrawn their sponsorships.

That is a collective R193

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