• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024
BMA Webinar: Exploring Content Production And Distribution In The Age Of AI – Success Factors

BMA Webinar: Exploring Content Production And Distribution In The Age Of AI – Success Factors

June 11, 2026
Ghana: Multimedia Group Ltd Secures Broadcasting Rights for FIFA World Cup 2026

Ghana: Multimedia Group Ltd Secures Broadcasting Rights for FIFA World Cup 2026

June 11, 2026
UK’s Regulator Calls For Stricter Online Safety Measures To Combat Harmful Content And Protect Minors

Mozambique’s Legal Reforms For Protecting Minors In The Digital Age

June 11, 2026

Netflix Set To Dominate Global Streaming Landscape By 2031 Amidst Industry Consolidation – Report

June 11, 2026
Nollywood Film ‘Call of My Life’ Shatters Box Office Records, Becomes Highest-Grossing Film Of 2026

Nollywood Film ‘Call of My Life’ Shatters Box Office Records, Becomes Highest-Grossing Film Of 2026

June 11, 2026

African Archives Face Growing Risks As Experts Call For Urgent Preservation Action

June 10, 2026
Broadcasters Convention – West Africa 2026 To Explore How Cloud Technologies Are Transforming Broadcast Operations Across Africa

Broadcasters Convention – West Africa 2026 To Explore How Cloud Technologies Are Transforming Broadcast Operations Across Africa

June 10, 2026
NDPC And Meta Launch Landmark Data Protection Initiative In Nigeria

NDPC And Meta Launch Landmark Data Protection Initiative In Nigeria

June 10, 2026
Amazon Prime Video Poised To Dominate Sports Streaming Investments By 2026 – Report

Eurovision Sport Launches Free Streaming Platform To Revolutionise Sports Broadcasting

June 10, 2026
South Africa: Netflix Launches ScreenCraft Pathways Training Programme

South Africa: Netflix Launches ScreenCraft Pathways Training Programme

June 10, 2026
Announcement: Broadcasters Convention 2026 – West Africa Set To Convene In Accra – Ghana

Broadcasters Convention – West Africa 2026

June 10, 2026

BMA’s View: Nigeria’s Digital Switchover: The Good, The Bad And The Ugly

June 9, 2026
Thursday, June 11, 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.