South Africa

SABC proposes public media license fee to replace TV license as revenue option

The proposed new levy would apply to all households and businesses, the SABC told parliament’s Standing Committee on Public Accounts (Scopa) in a briefing on Wednesday.

FILE: SABC offices in Auckland Park, Johannesburg. Image: Eyewitness News

CAPE TOWN – The SABC said a public media tax to replace television licenses was one of the options to help return the public broadcaster to profitability.

The proposed new levy would apply to all households and businesses.

The SABC appeared before Parliament’s Standing Committee on Public Accounts (Scopa) on Wednesday to brief it on irregular spending and finances.

SABC told Scopa it hopes to make a profit in about two years.

But the broadcaster and its sole shareholder have expressed concern that falling advertising revenue poses a threat to the company’s future financial condition.

President Bongumusa Makhathini told MPs that a tax on public media to replace television licenses was another revenue option.

“Overall, the first talks about replacing the current television licensing regime with what we call a public media levy, which also has a component where the major subscription players can also help with the collection license fee on public media. This is very important because it is still one of our main sources of income at SABC,” said Makhathini.

The SABC said it was doing well in meeting the targets of its recovery strategy and did not need a bailout from the government, at least for now.

SABC also managed to post a profit for two quarters of the current fiscal year.



SABC proposes public media license fee to replace TV license as revenue option

Source link SABC proposes public media license fee to replace TV license as revenue option

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