The SABC\u2019s TV licence business model is broken as many South Africans don\u2019t watch any SABC channels and don\u2019t want to pay for a mismanaged and corrupt organisation.<\/p>\n
SABC CFO Yolande van Biljon told Parliament that revenue underperformed by 27% compared to its budget and was 8% lower than the previous financial year.<\/p>\n
\u201cThe bottom has dropped out of our revenue generation initiatives, and as a consequence, the SABC\u2019s loss increased by R949 million to R1.2 billion,\u201d she said.<\/p>\n
One of the main reasons for the SABC\u2019s poor financial performance is that people are not paying for TV licenses.<\/p>\n
The state broadcaster\u2019s TV licence revenue declined from R968 million in 2019 to R741 million in 2023.<\/p>\n
The SABC billed R4.5 billion in TV licence fees in the last financial year, but, like in previous years, it collected far less.<\/p>\n
This translates into a TV licence evasion rate of 84% as debt collection agencies failed to convince people to pay. It is up from 69% four years ago.<\/p>\n
Van Biljon said South Africans disconnect calls from TV licence collection agents and do not respond to electronic communication.<\/p>\n
SABC acting CEO Nada Wotshela said they are just not winning with South Africans collecting TV licence fees. \u201cWe have tried various interventions,\u201d she said.<\/p>\n
\u201cThe fact that people have so many other choices on how they access our services means they don\u2019t see why they should be paying for TV licences.\u201d<\/p>\n
Although it is difficult for the SABC to admit, many South Africans refuse to pay for TV licences because of corruption and maladministration at the SABC.<\/p>\n
Citizens are tired of funding the corrupt government, which manifests as a rebellion against paying for e-tolls, TV licences, and similar levies.<\/p>\n
SABC Board chair Khathutselo Ramukumba said the SABC\u2019s current funding model is unsustainable to finance its public service mandate.<\/p>\n
This article was first published by Daily Investor<\/a><\/strong> and is republished with permission.<\/em><\/p>\n Many South Africans don’t watch any SABC channels and don\u2019t want to pay for a mismanaged and corrupt organisation.<\/p>\n","protected":false},"author":341108,"featured_media":464039,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[80335],"tags":[35,89304,90194,19949,60703],"class_list":["post-512178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-headline","tag-khathutselo-ramukumba","tag-nada-wotshela","tag-south-african-broadcasting-corporation-sabc","tag-yolande-van-biljon"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/512178"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341108"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=512178"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/512178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/464039"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=512178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=512178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=512178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Now read:\u00a0SABC reports R1.13 billion loss<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"