MINISTER of Information and Media Cornelius Mweetwa says the total revenue that ZNBC generates is insufficient to meet the public broadcaster’s direct costs. The Information Minister says government we’ll revise the TV levy to help sustain ZNBC’s operations. Mweetwa has revealed that ZNBC earns about K9.5 million monthly from sales, and TV levy of K3.8 million against an average monthly expenditure of K20.2 million. Responding to Solwezi East MP, Dr Alex Katakwe, who wanted to know how financially viable the national broadcaster was in meeting its operational costs, Mweetwa told the National Assembly on Wednesday that ZNBC’s revenue was insufficient to sustain the corporation. He said ZNBC’s poor liquidity position had resulted in a backlog of financial obligations including none...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here