Sentech trims losses but remains in the red
The state-owned signal provider reduces net loss deficit to R60 million in a single year, targeting future sustainable growth.
State-owned signal provider Sentech is demonstrating improved financial performance in its 2025/26 fiscal year, with net losses decreasing significantly despite remaining in the red. The entity's net loss after tax fell to R60 million, a 76% improvement from R246 million in the previous year. CEO Tebogo Leshope praised Sentech's resilience in a rapidly changing operating environment, highlighting the company's clean audit outcome, adherence to predetermined objectives, and increased total revenue.
Solly Malatsi, minister in the Department of Communications and Digital Technologies, lauded Sentech as a leader in good governance. For the full year ending March 31, Sentech's total revenue reached R1.63 billion, a 1.4% increase from the previous year. Net profit before tax loss also improved to R141 million from R165 million.
The company is transforming from a traditional broadcast signal distribution business to a diversified digital infrastructure and connectivity provider, leveraging its national infrastructure to create new opportunities across connectivity, broadband, and digital services. Sentech is increasing socio-economic transformation spending to R734 million and aims to convert its infrastructure into new growth opportunities while strengthening financial sustainability and accelerating digital transformation.
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