The Department of Trade, Industry and Competition (DTIC) in partnership with the National Empowerment Fund and Industrial Development Corporation, launched the amended film and television incentives guidelines in Pretoria on 1 September 2023.
Speaking at the launch, the Acting Deputy Director-General of Incentives at the DTIC, Ms Susan Mangole said the department was committed to ensuring that every stakeholder understands the intentions behind these guidelines and how they will positively impact the industry. She said this could only be achieved through partnerships and dialogue.
“The amended guidelines are critical for stakeholders to understand and access incentive measures that support South Africa’s national priorities. Recently, the prevailing environment has given rise to misalignment in the film and television incentives programme with our stakeholders as we gradually incorporate our national mandates and priorities. Something I believe that we can and should overcome,” said Mangole.
“The new guidelines with the R25 million threshold not only contribute meaningfully to transforming the film industry, but also create a viable and sustainable industry that we can all be proud of. We are hopeful that with you as partners, the film and television rebate will stabilise. We are systematically addressing historical challenges that have hindered our progress,” she said.
Read the full DTIC press release here.
The adjusted Guidelines are as follows:
SOUTH AFRICAN BLACK FILMMAKERS INCENTIVE
SOUTH AFRICAN FILM & TELEVISION PRODUCTION INCENTIVE
SOUTH AFRICAN FILM & TELEVISION CO-PRODUCTION INCENTIVE
FOREIGN FILM & TELEVISION PRODUCTION & POST-PRODUCTION INCENTIVE
We will send out detailed communication on the significant changes and areas of concern, and our proposed way forward, shortly.