Board Chairperson Bongumusa Makhathini told Parliament’s Standing Committee on Public Accounts that license fees are a very important source of revenue as they contribute 15% to the broadcaster’s income.
The SABC is currently experiencing financial problems and has requested a cash injection of over R3 billion from government. Makhathini says the current license fee is not enough – given the range of platforms the public broadcaster provides. “South Africans are only paying about 72 cents a day for TV license. Considering what the SABC gives you which is 19 radio stations and five TV channels, our view is that we need to review the TV licence so that we can increase because it gives us quite a substantial amount of money,” explains Makhathini.
Interesting
TV license is just a way to force people into subscribing for a service from the SABC, whether they use it or not. This money pit must be shut down if they can't get their business model sorted. Extorting money from non-subscribers while taking bailouts from our tax won't cut it.
How about GFY?
I think you are going to be sorry... You have so few subscribers... Want to lose them too
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