• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
Jordan Media City Partners With TVU Networks To Deploy Advanced IP Distribution Infrastructure

Jordan Media City Partners With TVU Networks To Deploy Advanced IP Distribution Infrastructure

May 26, 2026
Radio: DRM Consortium Launches New Guidelines For Consumer Receivers

Funding And Impact In Community Radio – Strengthening The Grassroots Pipeline That Feeds The Industry

May 26, 2026
AI As A Media Industry Driver: Sputnik’s Experience

Kenya Proposes US$20.8 Million AI Initiative For Social Media Monitoring Amid Concerns Over Privacy And Free Speech

May 26, 2026
ITU Sets Out A US$2.6 Trillion Blueprint For Universal Internet Connectivity By 2030 – Report

Nigeria: NCC Unveils Draft Regulations For Mobile Virtual Network Operators In Nigeria

May 26, 2026
OTT Streaming Event Set To Redefine Parameters For Global Partnerships For Africa’s Content Ecosystem

Universal Music Group And TikTok Forge New Era Of Partnership To Empower Artists And Enhance Fan Engagement

May 26, 2026

Africa’s Most Significant Gathering Of Broadcast And Media Leaders In East Africa – Opens Tomorrow In Nairobi, Kenya

May 25, 2026
Charting Africa’s Audio Future – Resources From The 2024 Summit Now Accessible

Radio’s New Language: Rethinking Content Creation And Distribution For The Digital Age

May 25, 2026
How Community Broadcasters Can Utilise Acquired Resources Effectively

Nigeria: Clean Beat 91.5FM: NDLEA Launches Radio Station To Combat Substance Abuse And Promote A Drug-Free Community

May 25, 2026

FIFA Eyes US$35 Million Deal For Indian Broadcasting Rights As Market Adjusts

May 25, 2026
Advertising, Self-Regulation And The Trust Factor – Insights From Gail Schimmel, CEO ARB, At The Audience & Advertising Africa Summit 2025

Mozambique Unveils Draft National AI Strategy To Drive Digital Transformation And Regional Collaboration

May 25, 2026
Bridging Broadcast And Digital – The Power Of On-Platform Strategies

Nigeria: Broadcasting Organisations Of Nigeria (BON) Raises Alarm Over Regulator’s Proposed Digital Switch-Over Plan

May 22, 2026
African Broadcasters Urged To Prioritise Transparency And Cultural Responsibility In AI Adoption – BMA Webinar

Ensuring Ethical AI Integration In African Broadcasting: Insights From The BMA Webinar

May 22, 2026
Tuesday, May 26, 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.