1. R199 million has been allocated to the SABC for the 2019/2020 financial year. This is to specifically cater for public broadcasting obligations, community radio stations, Channel Africa and programme production. More detail can be found within the Estimates of National Expenditure.
2. In the 2019 Budget Speech, the Minister of Finance indicated the following:
“On other state-owned enterprises, we are reviewing our framework for state-owned enterprise support. Government has revised the contingency reserve upwards to R13 billion for 2019/20 to respond to possible requests for financial support”
SABC is one of the entities that has applied for funding from the contingency reserve. The amount that the entity has applied for and the outcome of the funding request will only be determined after the normal budgetary and legislative processes have been finalised which is expected around August/September 2019.
3. In line with the 2019 Budget Speech, National Treasury has indicated to the SABC that government remains committed to supporting the entity and its funding requirements through the contingency reserve process which is currently underway.
4. None.