• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
BMA Editorial: Satellite And Cloud-Based Hybrid Workflow For Broadcasters – The Imperative To Think Outside The Box

Africa Satellite And Space Summit 2026 To Convene Industry Leaders In Cape Town To Advance Africa’s Space And Satellite Future

July 31, 2026
East African Broadcasters Urged To Treat Cloud, AI And Content Protection As Core Business Priorities

East African Broadcasters Urged To Treat Cloud, AI And Content Protection As Core Business Priorities

July 31, 2026
Rwanda Sets Timeline To Phase Out 2G And 3G Networks

Rwanda Sets Timeline To Phase Out 2G And 3G Networks

July 31, 2026

Ghana Advances 5G Rollout With Spectrum Licensing Briefing

July 31, 2026
Nigeria: MultiChoice Fined Over US$500,000 By Data Regulator For Violations – Reports

Burkina Faso Regulator Imposes Higher Fine On Canal+ Over State TV Access

July 31, 2026
BMA Feature: Nigerian Authorities Dismantle Mega Methamphetamine Laboratory Hidden in Ogun State Forest

BMA Feature: Nigerian Authorities Dismantle Mega Methamphetamine Laboratory Hidden in Ogun State Forest

July 31, 2026
BMA Feature: Fatal Building Collapse in Anambra State Triggers Urgent Rescue Operations and Inspection Drive

BMA Feature: Fatal Building Collapse in Anambra State Triggers Urgent Rescue Operations and Inspection Drive

July 31, 2026
BMA Feature: South African Prisons Open Public Art Galleries to Boost Inmate Rehabilitation

BMA Feature: South African Prisons Open Public Art Galleries to Boost Inmate Rehabilitation

July 31, 2026
 BMA Feature: President Bassirou Diomaye Faye Inspects Dakar 2026 Venues as Countdown Begins

 BMA Feature: President Bassirou Diomaye Faye Inspects Dakar 2026 Venues as Countdown Begins

July 31, 2026
BMA Webinar: Combating Cybersecurity Threats For Broadcasters In The Age Of AI

BMA Webinar: Combating Cybersecurity Threats For Broadcasters In The Age Of AI

July 30, 2026
State Of Play: Is OTT In Africa Poised For Takeoff?

BMA Intelligence: Report Shows Africa’s OTT Streaming Growth Path And Recounts Challenges Blocking Scaling

July 30, 2026
Egypt’s Nile TV International Relaunches With Expanded Programming And Digital Transformation Strategy

Egypt’s Nile TV International Relaunches With Expanded Programming And Digital Transformation Strategy

July 30, 2026
Friday, July 31, 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)
Share198Tweet124
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.