The SABC’s outlook for the 2022/23 financial year is looking grim, and it says its declining audience and failure to collect TV licence fees are to blame.
The South African Broadcasting Corporation’s forecast for the remainder of the 2022/23 financial year paints a bleak picture for the broadcaster, with overall revenue coming in at R1 billion below budget.
“The projected de-risk loss at this point amounts to an anticipated R608 million versus the budgeted profit for the year of R64 million,” Van Biljon said. The last statement from communications minister Khumbudzo Ntshavheni on South Africa’s digital migration was that she would announce aHowever, three months later, South Africans still don’t know when the switch-off of the country’s old analogue TV signals will occur.In May 2022, the broadcaster revealed that its declining audience contributed to“The decline in audience is multi-causational and is a global trend, and there is not much that can be done about that,” SABC COO Ian Plaatjes said.
“The licence fee collection rates indicate an evasion rate of 82% .” The licence fee evasion rate sat a 69% in 2019.Its latest plan involves launching a, which the SABC hopes will encourage client loyalty and compliance with TV licence legislation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH: American woman threatens to call cops when South Africans light a braai | The CitizenUpset about the possibility of starting a fire, an irate woman tells the South African men at a braai to “go to McDonald’s'.🥩
Read more »
South Africans divided on Phala Phala sagaMixed reactions pour in following the damning parliamentary panel findings on the president’s Phala Phala farm theft saga.
Read more »
South Africans aren’t going out as much as they used toSouth Africans are starting to get back to sports matches and nightclubs – but aren’t out and about as much as they once were.
Read more »
What South Africans will be spending this festive season | City PressWhat South Africans will be spending this festive season | Households are planning to spend about R5 968 on “extras” over the December break, which is 11% down from last year
Read more »
Archbishop Thabo Makgoba calls for ‘government of national unity’ if Ramaphosa loses support of ANCSouth Africans want to see political leaders dealing with problems such as load-shedding and joblessness
Read more »
Political analyst says ANC should be removed in 2024Political analyst Prince Mashele says South Africans should vote the ANC out.
Read more »