• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
Accelerating Universal Delivery Of Fully-Digital Broadcasting Services To All Nigerians

SABC To Host February 2026 OTT Content Streaming Summit In Cape Town – Organiser Announces

November 21, 2025
Telecom Egypt And SubCom Complete Key Landings Of SEA-ME-WE-6 Subsea Cable

Meta Completes 2Africa Subsea Cable – A Game Changer For Africa’s Digital Landscape

November 21, 2025
Engage Viewers Across Borders And Cultures: How To Stand Out

MultiChoice Slashes Decoder Prices And Unveils Exciting Upgrades Following Canal+ Acquisition

November 21, 2025
SuperSport Rekindles NBA Partnership In Africa After Nine-Year Hiatus

beIN MEDIA GROUP Renews NBA Broadcasting Rights Across MENA

November 21, 2025
Disney+ Launches 24/7 Streaming Channel For All 35 Seasons Of The Simpsons

Disney+ Launches 24/7 Streaming Channel For All 35 Seasons Of The Simpsons

November 21, 2025
Report: Status Of Africa’s Media Infrastructure Is At “Moderately Modern” Requiring Urgent Investments – BMA Survey Finds

Report: Status Of Africa’s Media Infrastructure Is At “Moderately Modern” Requiring Urgent Investments – BMA Survey Finds

November 20, 2025

Wedotv Expands Reach With Upgraded AVOD App And New FAST Channels

November 20, 2025
Mali: Orange Secures US$92.5 Million Loan from IFC To Boost Digital Infrastructure And Inclusion

Mali: Orange Secures US$92.5 Million Loan from IFC To Boost Digital Infrastructure And Inclusion

November 20, 2025
Red Sea Film Foundation To Take The Cannes Film Festival By Storm

Egypt: Co-Production Salon Launches Project Salon At Cairo International Film Festival

November 20, 2025
BBC World Service Enhances African Storytelling With New Nairobi Hub And Expanded Programming

BBC World Service Enhances African Storytelling With New Nairobi Hub And Expanded Programming

November 20, 2025

Announcement: BMA’s Cloud Broadcasting Africa Summit To Take Place In Lagos, Nigeria, On 24 – 25 March 2026

November 19, 2025

South Africa: Growth And Investor Confidence Surge As Telkom Sees Remarkable Turnaround

November 19, 2025
Saturday, November 22, 2025
Broadcast Media Africa
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
Login
Join BMA Network
BMA
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
Login
Join BMA Network
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)
Share196Tweet123
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
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.