• Latest

South Africa: SABC Still Seeking Solutions For Financial Stability

September 12, 2024

Industry Webinar To Explore What Really Drives Media Monetisation In Africa’s Evolving Audience Landscape

July 29, 2026
African Broadcasters Call For AI Governance Frameworks As Industry Moves Beyond Adoption Debate

African Broadcasters Call For AI Governance Frameworks As Industry Moves Beyond Adoption Debate

July 29, 2026

Canal+ Says MultiChoice Turnaround Gains Momentum As EBIT Jumps 160%

July 29, 2026
Nigeria Upgrades Public Broadcasting Infrastructure As Government Accelerates Media Modernisation

Nigeria Upgrades Public Broadcasting Infrastructure As Government Accelerates Media Modernisation

July 29, 2026
Egyptian Action Blockbuster ‘Seven Dogs’ Surpasses US$24.6 Million At Global Box Office

Egyptian Action Blockbuster ‘Seven Dogs’ Surpasses US$24.6 Million At Global Box Office

July 29, 2026
BMA Webinar: Exploring Content Production And Distribution In The Age Of AI – Success Factors

AI Innovation Must Be Balanced With Editorial Trust And Human Creativity, Industry Executives Say

July 28, 2026
Broadcasters Convention In Accra, Ghana To Explore Content Discovery And Viewer Experience In The Age Of AI

Broadcasters Convention In Accra, Ghana To Explore Content Discovery And Viewer Experience In The Age Of AI

July 28, 2026
Spectrum: Nigeria Gains Extra Broadcast And Telecommunications Frequencies – Report

ICASA Unveils Roadmap To Expand South Africa’s High-Demand Spectrum By 215%

July 28, 2026
NBCUniversal And YouTube Partner To Bring Peacock Content To YouTube Premium

NBCUniversal And YouTube Partner To Bring Peacock Content To YouTube Premium

July 28, 2026
Zambia’s Kezias Mwale Has Been Elected Secretary-General Of The African Telecommunications Union (ATU)

Zambia’s Kezias Mwale Has Been Elected Secretary-General Of The African Telecommunications Union (ATU)

July 28, 2026
BMA Editorial: Satellite And Cloud-Based Hybrid Workflow For Broadcasters – The Imperative To Think Outside The Box

BMA Editorial: Satellite And Cloud-Based Hybrid Workflow For Broadcasters – The Imperative To Think Outside The Box

July 27, 2026
For The Community, By The Community – Enhanced Digitally

BMA Intelligence: Survey Shows Radio Broadcasters Are Expanding Audiences Through Digital Innovation

July 27, 2026
Wednesday, July 29, 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.