The SOS Support Public Broadcasting Coalition says a viable financial funding model to provide more revenue for the SABC is needed urgently.
The SABC has been faced with cash flow challenges in recent years. It also received a government bail outs of about three-billion rand. In the same committee meeting, MPs wanted to know how the financial injection from government was used by the public broadcaster. “I think the major issue now is the funding model. The fact that the SABC does not have a workable funding model. We know that TV licences are not working. We have seen how much money the SABC has lost over the years. Recently Minister Mondli Gungubele reported that R44 billion has actually been lost in TV licences because people they do not want to pay.
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