SARU Chief Executive Jurie Roux says that South African Rugby is improving but that there are still concerns over its financial stability.
Speaking after a Springbok media event where a new sponsor was announced, Roux added that more sponsorships should be announced in the coming weeks and that SA Rugby's future looked bright.
"We're not out of the trouble yet, I keep on telling everybody. The Springbok team is not completely out of trouble, they will still lose some games, but they will perform. It is the same for SA Rugby," Roux told SuperSport.
"I think it will probably take another 18 months for us to get out of the financial situation we got into because of last year, but we're sleeping a lot easier because of the fact that there is some financial support."
Roux said there is excitement about potentially getting more SA teams involved in international action after the Cheetahs and EP Kings joined the revamped Pro14..
The other big issue for the national body at the moment is the World Cup 2023 bid, with the final bid to take place in September and a decision likely to be made before the end of the year.
"Obviously from a World Cup point of view, government walked the walk with us all along, but in the end we had to push things through in the last two months because of the ban.
"But we got all four guarantees in – the minister of trade and industry, home affairs, police, finance and sport combined in terms of the guarantee and we have a pretty competitive guarantee there at the moment.
"Don't be fooled by France there and everybody else because they have given the complete budget of World Cup."
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