• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
BMA Editorial: The SBC Bill – A Mirror For Africa’s Public Service Broadcasters

BMA Editorial: The SBC Bill – A Mirror For Africa’s Public Service Broadcasters

July 10, 2026
RunnTV Launches Openview Stream: Africa’s First Independent FAST Streaming Service In Partnership With eMedia Investments

RunnTV Launches Openview Stream: Africa’s First Independent FAST Streaming Service In Partnership With eMedia Investments

July 10, 2026
Telkom Unveils US$6.1 Million Commitment To Establish AI Institute, Bridging South Africa’s Digital Divide

Telkom Unveils US$6.1 Million Commitment To Establish AI Institute, Bridging South Africa’s Digital Divide

July 10, 2026
Nigeria: MultiChoice Fined Over US$500,000 By Data Regulator For Violations – Reports

South Africa: ICASA Imposes Fines On Session Telecoms For Violating Numbering Plan Regulations

July 10, 2026
The Oscars Draw A Line: AI-Generated Content Excluded From Awards

Cinema Akil And Alserkal Avenue Present A Captivating Film Program Celebrating Football Through Documentary

July 10, 2026
BMA Feature: Weaving Identity: How Angela Ramírez Preserves Afro-Uruguayan Heritage Through Templo Wax

BMA Feature: Weaving Identity: How Angela Ramírez Preserves Afro-Uruguayan Heritage Through Templo Wax

July 10, 2026
BMA Feature: Kenyan Organisation Builds Life-Changing Bamboo Wheelchairs for Children

BMA Feature: Kenyan Organisation Builds Life-Changing Bamboo Wheelchairs for Children

July 10, 2026
BMA Feature: Deadly Clashes Over Land and Grazing Routes Claim 18 Lives in Nigeria’s Niger State

BMA Feature: Deadly Clashes Over Land and Grazing Routes Claim 18 Lives in Nigeria’s Niger State

July 10, 2026
South Africa: eMedia Surges In Advertising Revenue Despite Challenges, Achieving Historic High Of US$124 Million

BMA Webinar: What Advertisers And Brands Want From Broadcasters Today And Tomorrow

July 9, 2026
eMedia Partners With Netflix To Stream South African Drama ‘The Four of Us’, Expanding Horizons For Local Content

eMedia Partners With Netflix To Stream South African Drama ‘The Four of Us’, Expanding Horizons For Local Content

July 9, 2026
Broadcasting Organisations of Nigeria Inaugurates Ad-Hoc Committees To Drive Innovation And Growth In The Industry

Broadcasting Organisations of Nigeria Inaugurates Ad-Hoc Committees To Drive Innovation And Growth In The Industry

July 9, 2026
Airtel Nigeria Plans Major Investment In Data Centre

Gabon Launches Its First Sovereign Data Centre To Boost Local Digital Services And Connectivity

July 9, 2026
Saturday, July 11, 2026
Broadcast Media Africa
  • Home
  • News & Reports
  • Resources
  • Services
    • Promo: Spotlight Service
  • Events
  • Community
No Result
View All Result
BMA
  • Home
  • News & Reports
  • Resources
  • Services
    • Promo: Spotlight Service
  • Events
  • Community
BMA
Join BMA Network
No Result
View All Result
Home Broadcasting

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
Reading Time: 2 mins read
A A

In South Africa, the Portfolio Committee on Communications and Digital Technologies chair, Khusela Sangoni, has warned that the South African Broadcasting Corporation (SABC) is still facing a potential crisis if its funding model is not addressed promptly.

The public broadcaster relies heavily on revenue from airtime sales, content exploitation, and advertising, which accounts for 83% of its revenue. Additionally, government grants and TV license fees contribute 56% of its funding, with 45% from government grants and 11% from TV license revenue.

Despite the persistent financial challenges, the SABC is resolutely working towards improving its financial situation. It has reported a loss of US$61 million in 2023/24 and is determined to reduce its losses in the current financial year. The broadcaster is actively engaging with the Portfolio Committee to explore alternative funding options and review its funding model. Although no decisions have been made, the SABC is steadfast in its aim to return to profitability by March 2028.

One key initiative in the SABC’s plan for financial recovery is its promising revamped streaming platform, SABC+, which is projected to reach over half a million users by March 2025. Additionally, the exploration of a more efficient mechanism for TV license payments is crucial, especially with evasion rates rising from 69% in 2019 to 87% in 2023/24. To address this issue, the SABC has proposed the introduction of a household levy, which would be payable by households with access to SABC services, irrespective of their usage.

Diverse opinions exist on how to reform the SABC’s funding model. The communications minister, Solly Malatsi, has suggested integrating TV license fees with other license fees to enhance collection. However, these suggestions are still at the idea stage, not official policy announcements.

Share Tweet Post Email
Tags: FeaturedSABC+South African Broadcasting Corporation (SABC)
Share197Tweet123
Previous Post

Kenya: Legal Battle Brewing Over Starlink Internet Access

Next Post

Zimbabwe Introduces Hefty Fines for Telecommunication Companies to Improve Service Quality

Publisher
-
Benjamin Pius
Publisher
-
Benjamin Pius

 About us

Our goal is always to keep industry stakeholders abreast of opportunities in technology and service innovations that are and will shape Africa’s broadcasting and media industry via quality news, information, intelligence and insight .

 Contact us

+44 (0) 207 712 1526
info@broadcastingandmedia.com
BSP Communications Limited
Level 37, One Canada Square
Canary Wharf
London, E14 5AB, United Kingdom

No Result
View All Result
  • Home
  • News & Reports
  • Resources
  • Services
    • Promo: Spotlight Service
  • Events
  • Community
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.