• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
A Workshop On IP-Based Remote Production For Africa And The Middle East — TVU Networks At Casablanca Broadcast Days 2026

A Workshop On IP-Based Remote Production For Africa And The Middle East — TVU Networks At Casablanca Broadcast Days 2026

June 3, 2026
AI As A Media Industry Driver: Sputnik’s Experience

Industry Webinar To Explore Audience Behaviour And Content Consumption Trends In The Age Of AI

June 3, 2026
TikTok And DAZN Team Up For An Enhanced FIFA Club World Cup 2025 Experience

ZBC Partners With Ecobank And InnBucks For 2026 FIFA World Cup Coverage

June 3, 2026
MBC Group Unveils MBC MOOD: A New Era For Arab Music Entertainment

MBC Group Unveils MBC MOOD: A New Era For Arab Music Entertainment

June 3, 2026

Telkom Reports 27.5% Profit Increase For 2026

June 3, 2026
Knowledge, Resources And Assets From The Radio And Digital Sound Broadcasting Summit – Africa 2025 Now Available

Licensing Policies And Digital Radio Progress To Drive Discussions At Radio Broadcasters Convention In South Africa

June 2, 2026
Nigeria Strengthens Data Privacy In Broadcasting Through New Partnership

Nigeria Strengthens Data Privacy In Broadcasting Through New Partnership

June 2, 2026
Accelerating Universal Delivery Of Fully-Digital Broadcasting Services To All Nigerians

SABC Allocates US$43 Million For Children’s Programming Amid Funding Challenges

June 2, 2026
ITU Progresses Efforts In Response To Recent UN Push For Global AI Standards And Capacity Building

Ghana’s Vision For Leading Africa In The AI Revolution

June 2, 2026

Kenya’s Telecom Sector Faces Stricter Regulations Over Network Quality

June 2, 2026
How AI and Digital Platforms Are Reshaping Radio Broadcasting

Featured: AI And Radio Broadcasting – Driving Personalisation And Securing Rights Protection

June 1, 2026

Canal+ Seeks To Reignite DStv’s Momentum Across Africa

June 1, 2026
Wednesday, June 3, 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.