• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024

Why Prioritisation Matrices Are Becoming Essential For Protecting Sound & Audio-Visual Archives

May 14, 2026

Tanzania: AzamTV Secures Broadcasting Rights For 2026 FIFA World Cup Across East Africa

May 14, 2026
State Of Play: Is OTT In Africa Poised For Takeoff?

Netflix’s US$135 Billion Investment: Shaping Global Entertainment And Boosting Local Economies

May 14, 2026

South Africa Allocates US$14 Million To Sustain SABC Amid Financial Challenges

May 14, 2026
ECOWAS Advances Digital Connectivity Initiatives In West Africa

Orange Group Launches Via Africa Submarine Cable Project To Enhance West Africa’s Connectivity

May 14, 2026
Tackling Archive Vulnerability: BMA Webinar To Address Risks In Sound And AV Collections | 09 June 2026

Identifying, Safeguarding And Managing Risks To Sound And Audio-Visual Archives And Collections

May 14, 2026
Streamline Workflows Of Media Broadcast And OTT Platforms

Sputnik In Strategic Partnership Play With Broadcasters In East Africa – Joins Industry Convention

May 13, 2026
African Broadcasters Urged To Prioritise Transparency And Cultural Responsibility In AI Adoption – BMA Webinar

African Broadcasters Urged To Prioritise Transparency And Cultural Responsibility In AI Adoption – BMA Webinar

May 13, 2026
Wedotv And Amtecco Forge Strategic Alliance To Revolutionise FAST And HbbTV Services In Broadcasting

Wedotv And Amtecco Forge Strategic Alliance To Revolutionise FAST And HbbTV Services In Broadcasting

May 13, 2026

South Africa: MTN Group Set To Boost Profits Following Acquisition Of IHS Towers

May 13, 2026
Flix Oven Launches African-Korean Filmmaker Residency With C.J. Obasi At Cannes

Flix Oven Launches African-Korean Filmmaker Residency With C.J. Obasi At Cannes

May 13, 2026
“Stronger Support Required For Community Media”, Says MDDA CEO Ahead Of Audience and Advertising Summit In Johannesburg, South Africa

Emerging Standards For Broadcast & Streaming In Africa To Take Centre Stage At Radio Broadcasters Convention – Africa 2026

May 12, 2026
Friday, May 15, 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.