sabc revenue model


What is SABC’s annual report?

    This is the 84th Annual Report of the South African Broadcasting Corporation (SOC) Limited, referred to as ‘SABC’, ‘the Corporation’ or ‘the Company’ (Registration Number: 2003/023915/30). It is tabled in Parliament in terms of the Broadcasting Act No. 4 of 1999, as amended, and the Public Finance Management Act No. 1 of 1999, as amended.

What is the role of the SABC?

    The SABC, as the only public broadcaster within the Republic of South Africa, is charged with a public service mandate to inform, educate and entertain all citizens through sound and television broadcasting services. Currently, the SABC has 19 radio stations, which broadcast in more than the 11 official languages.

Does the SABC require an independent valuation?

    The SABC’s accounting policy requires an independent valuation to be performed every three years. In the current year, management has assessed the fair values as still reasonable and do not require material adjustments.

How does the SABC measure its financial assets?

    From 1 April 2018, the SABC classifies its financial assets in the following measurement categories: • those to be measured subsequently at fair value (either through OCI or through profit or loss), and • those to be measured at amortised cost.
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