• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
Broadcasters To Confront The Security Cost Of Moving Broadcast Operations Onto IP

Broadcasters To Confront The Security Cost Of Moving Broadcast Operations Onto IP

October 5, 2026

Regulator (ICASA) Withdraws OTT Inquiry Notice, But Regulatory Questions Remain

October 5, 2026
Cameroon Court Stays August CNC Sanctions, But Vision 4 Remains Off Air

Cameroon Court Stays August CNC Sanctions, But Vision 4 Remains Off Air

October 5, 2026

South Africa: Competition Commission Recommends Approval of MTN’s IHS Buyout

October 5, 2026
French Competition Regulator Opens Formal Case Against Canal+ Over Film Rights

French Competition Regulator Opens Formal Case Against Canal+ Over Film Rights

October 5, 2026
TV5MONDE Expands Global Reach Of Ivorian Drama ‘Castes, les amours interdites’

TV5MONDE Expands Global Reach Of Ivorian Drama ‘Castes, les amours interdites’

October 5, 2026
Lesotho And Vodacom Forge Partnership To Propel Digital Transformation

Africa’s Broadcasters Convention In Seychelles To Rethink Digital Transformation Strategy In The Age Of AI

October 2, 2026
Nigeria Upgrades Public Broadcasting Infrastructure As Government Accelerates Media Modernisation

BMA Launches Survey to Assess Africa’s Media Production Infrastructure Readiness

October 2, 2026
Burkina Faso: Tafouk TV Launches Official Programme Schedule For Alliance Of Sahel States

Tafouk TV’s Canal+ Distribution Puts Satellite Carriage And Content Partnerships Under Focus

October 2, 2026
African Children’s Animation Sector Has Talent And IP But Needs Capital And Distribution To Scale, BMA Survey Finds

beIN Licenses Arabic Animated Series Science Voyagers For MENA Children’s Channel

October 2, 2026

UK MPs Call For Full Government Funding Of BBC World Service In Charter Review

October 2, 2026
Angola Cables Records Unprecedented Increase In Network Traffic

Angola Cables Upgrades Transatlantic Network To 800Gbps, Strengthening Connectivity

October 2, 2026
Monday, October 5, 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.