Broadcasting Services

SABC Clears The Air Over State Of Its Finances!

A recent report from the South African Broadcasting Corporation (SABC) is affirming the organisation's commitment to educate, inform and entertain South Africans and audiences worldwide.

The statement acknowledges the SABC's main funding streams of advertising revenue, sponsorships and TV licenses are struggling due to dire local and global economic situation. Although this is not a problem affecting only SABC but the entire media industry.

Caution has been raised against the continued insufficient funding from the South African government, with a warning that this could lead to the collapse of SABC's finances.

 

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