RADIO
TODAY CELEBRATES PAYING ITS DUES.
www.bizcommunity.com
Five
years ago, Johannesburg based community station,
Radio Today, was on the brink of collapse with
SARS pounding at its door for unpaid taxes.
This week it celebrated having paid off all
its debts after half a decade of uphill battle
by a largely volunteers board of directors.
In March 2004, Radio Today was summonsed by
SARS and had judgment taken against it, to pay
all outstanding taxes in two payments over a
month. It wasn't able to do so and SARS notified
the station that it would be closed down within
24 hours.
Another
chance
Volunteer MD, Dr Ivan May, who had only just
joined the board, contacted the Media Development
& Diversity Agency which rose to the task
instantly and lobbied SARS to give Radio Today
another chance.
Thanks
to the MDDA intervention, Radio Today was given
a breather and the rest is history.
May
and his volunteer board have succeeded in paying
off off R4million in taxes and interest and
this week reached a situation where it is entirely
up to date with SARS.
In
addition to paying all the PAYE, all the SITE,
all the UIF and other minor taxes, Radio Today
has also paid a quarter of a million Rand in
licence fees to SAMRO.
Classic
case history.
This achievement by Radio Today is an example
of the sustainability of community radio in
South Africa and an abject lesson in just what
happens when ailing media applies itself with
passion and determination to overcome what might
appear to be insurmountable obstacles.
Given
Ivan May's marketing background and stature,
there is no question that this was also a lesson
to other media about how marketing-led business
strategy plays such a crucial role in revenue
generation. Something very few mass media in
this country understand.
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