• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
Day 1 Of Broadcasters Convention In Kampala – Delegates Calls For Rapid Digital Transformation And Ethical AI Use

BMA Webinar: Building Robust AI Governance Frameworks For The Broadcast Media Industry

April 23, 2026
Amazon Prime Video Poised To Dominate Sports Streaming Investments By 2026 – Report

Azam TV Launches New Programme To Boost Tanzanian Football

April 23, 2026
Spike Lee Unveils New Animated Short, “APART,” At Tribeca Festival

Spike Lee Unveils New Animated Short, “APART,” At Tribeca Festival

April 23, 2026
Seacom Launches SEACOM 2.0 “For Africa’s Digital Connectivity”

Malawi Seeks To Bridge The Digital Divide With Internet Access In Schools

April 23, 2026
Nigeria’s Box Office Records Show Increase Over The Festive Session

Nigeria: Filmhouse Group Shines Globally With Inclusion In Boxoffice Pro’s Blue Ribbon List

April 23, 2026
Knowledge, Resources And Assets From 2025 OTT And Streaming Summit – Africa – Now Available

East Africa’s Broadcast Executives To Explore Strategies For Effective Audience Engagement At 2026 Industry Convention In Nairobi, Kenya

April 22, 2026

Nigeria: Content Distribution Gets Boost As Paramount Pictures And Nile Entertainment Enter Pact

April 22, 2026
Broadcast Content

South Africa: ICASA To Reassess Regulation Of OTT Streaming Services

April 22, 2026
‘God’s Work’ Wins At Luxor African Film Festival In Egypt

‘God’s Work’ Wins At Luxor African Film Festival In Egypt

April 22, 2026
Spectrum: Nigeria Gains Extra Broadcast And Telecommunications Frequencies – Report

Mozambique Sets Sail On 5G Spectrum Deployment

April 22, 2026
How Community Broadcasters Can Utilise Acquired Resources Effectively

Radio Broadcasting: Unlocking Income Streams With Multifaceted Revenue Models

April 21, 2026
Nigeria: CITAD Criticises Media Regulator Directive As Threat To Press Freedom

Nigeria: CITAD Criticises Media Regulator Directive As Threat To Press Freedom

April 21, 2026
Thursday, April 23, 2026
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)
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
    • 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.