TVSA Team 11 May 2020 10:23
This from the SABC in response to the article published on Sunday (10 May): Johannesburg- Sunday, 10 May 2020 - The South African Broadcasting Corporation (SABC) has noted with concern the incorrect and misleading article titled “SABC again pleads poverty, cites virus”, published by the Sunday Times newspaper today. The article states that the Corporation will tomorrow appear before Parliament’s Portfolio Committee on Communications and Digital Technology to request additional funding. This is not true. The SABC has not requested any additional funding, and has no meeting scheduled for tomorrow with the Portfolio Committee on this matter. In fact, the SABC will be presenting its 2020/2021 Corporate Plan to the Portfolio committee on Wednesday, 13 May 2020. It is worth noting that the COVID-19 pandemic has had a significant impact on every industry globally, including the broadcasting industry. Advertising revenues have been slashed across the media industry, causing many media entities to look at cost cutting mechanisms. While the pandemic has affected the SABC’s revenue projections for this fiscal due to the decline in advertising spend, the revenue shortfall figures and forecasted losses quoted by the Sunday Times are inaccurate. The correct forecasted numbers have been submitted to the Shareholder and will be presented to the Portfolio Committee in due course. Despite the revenue shortfall, the SABC has instituted measures to mitigate the impact of the pandemic on its operations. Considering the above, the SABC would like to state categorically that there is no application for any additional bailout from Treasury. Since it received its bailout allocation from Treasury, the SABC has restored a healthy working capital cycle aligned with the cashflow forecasting models. The SABC Board remains committed to ensuring that the public service broadcaster fulfils its public service mandate, while striving to be financially sustainable.
New on TV today: Saturday 14 June 2025
Two shows return for new seasons tonight: Deal or No Deal Celebrity on SABC1 and NCIS on SABC2.
On Carte Blanche: Influencer charged with murder for clout
During his bail application he said he's the breadwinner and relies on his income from TikTok.
Doodloopstraat Teasers - July 2025
Yusuf spies on his mother's phone, Yilmaz meets a new lady friend and Zeynep sees what Halil has been hiding.
New on TV today: Friday 13 June 2025
The Kings of Jo'Burg are back on Netflix and BBC Brit takes you down under for Top Gear Australia.
New! Bloedspoor Teasers - June 2025
A woman found in a garbage container. A main suspect. And a devastated, guilty sister.
New! Shaka iLembe 2 Teasers - June 2025
Sneak details on the first three episodes. "To Bend Iron, You Must Heat It First."
New on TV today: Thursday 12 June 2025
Catch Hunting History with Steven Rinella on HISTORY or American Thunder: NASCAR to Le Mans on Prime Video.
Solve the clues in eExtra's Bloedspoor
Solve these seven multiple choice questions to uncover the riddle of the show's scenario.
Cacau Teasers - July 2025
Tiago decides to break up with Pipa because he is in love with Cacau.
New on TV today: Wednesday 11 June 2025
90 Day: Hunt for Love begins on TLC and Netflix does a deep dive into The OceanGate Disaster.
More activity at TVSA Central
You browser doesn't have Flash, Silverlight, Gears, BrowserPlus or HTML5 support.