JOHANNESBURG - The South African Broadcasting Corporation (SABC) is planning on increasing TV license fees in an effort to increase revenue.
Bongumusa Makhathini said in a statement that the TV license fee must be increased as it is a major source of income for the broadcaster, according to mybroadband.
“TV licence fees still remain the second largest source of revenue for the SABC, but we need to rebase the fee and strengthen the collection of this revenue,” Makhathini said in the statement.
The annual amount of a South African TV license is R265 a year and was last changed in 2013.
“There are currently only approximately 1.8 million paying television households and businesses out of a total of 9 million accounts on the SABC database,” Makhathini further added.
- BUSINESS REPORT ONLINE