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
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Life Esidimeni saga continues - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Acting Director of Public Prosecutions (ADPP) in Pretoria, Advocate George Baloyi has decided that an inquest into Life Esidimeni deaths tragedy be held in the Pretoria High court.
Source: SABC News Online - 🏆 32. / 51 Read more »
Muvhango actor described as irreplaceable - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The SABC 2 production team of the soapie Muvhango has described one of its own, actor Matamela Ramabulana, as irreplaceable.
Source: SABC News Online - 🏆 32. / 51 Read more »
ConCourt rules on cabinet reshuffles - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.ConCourt rules on cabinet reshuffles The President may have to give reasons for firing cabinet Ministers if called to do so. Amen Con Court must pay school fees!!!😂😂😂😂😂
Source: SABC News Online - 🏆 32. / 51 Read more »
EFF rejects SACUM –UK deal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The EFF has rejected the new Southern African Customs Union and Mozambique SACUM-UK-Economic Partnership deal announced by Trade and Industry Minister Ebrahim Patel READ HERE: sabcnews EFF have rejected.... Oh wait NOBODY cares. They going to jail. Useless clowns. Like they are governing shame Lovely. Does this make even a smidgen of a difference to anything or anybody?
Source: SABC News Online - 🏆 32. / 51 Read more »
Sanef welcomes Munusamy's special leave - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African National Editors Forum (Sanef) says it welcomes the decision by Tiso Blackstar to grant its associate editor Ranjeni Munusamy special leave in light of allegations against her at the State Capture Commission.
Source: SABC News Online - 🏆 32. / 51 Read more »