By Daniel Chigundu
Broadcasting transmission signal carrier Trans Media Corporation says it has not been making a profit because ZBC has failed to pay for its services since 2009.
Trans Media Corporation makes only US$568 000 per year for the broadcasting signal it offers to various companies that include Kwese, various radio stations and ZBC as well as proceeds from its 20 percent shareholding in MultiChoice (DStv).
Appearing before a Parliamentary Portfolio Committee on Information, Media and Broadcasting Services, Trans Media chief executive officer Florence Sigudu-Matambo said all their efforts are being weighed down by ZBC.
“So we get an amount from Multichoice of US$30 000 per month because we are just a shareholder, ZBC, you know ZBC was restructured and ZBC at the moment the transmission that you have in this country we fund it ourselves as TransMedia and ZBC is unable to pay.
“They are not paying since 2009, they are not paying anything and we have to find our own resources including what government allocates us from the budget then we manage the whole network from that and then we cannot be a profitable organisation because ZBC is unable to pay,” she said.
ZBC is one of the government’s perennial loss-making entities that have been draining the fiscus for many years and it owes a lot of service providers across the country including artists.
The Trans Media boss added that they literary maintain the whole network and machines for ZBC without getting anything for the service.
“They are unable to service any of the services they have four radio stations and one television station we are manning all that we put the machines in there and we maintain that whole network for them.
“That is where the challenge is and that is why when we talk of the income we put in the bag it is very little because we are maintaining the network for our sister company who is not able to pay,” she added.
Meanwhile, Harare Central legislator Murisi Zwizwai has also asked ZBC to furnish Parliament with statistics of revenue they make when they do live broadcast for political party activities across the country.