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COSBOTS reveals 2022 financial challenges

Monday, April 24, 2023 | 60 Views |

Deputy Permanent Secretary for Information and Broadcasting in the Ministry for State President, Oshinka Tsiang says cooperation of COSBOTS and the Department of Broadcasting Services created an enabling environment for creators to thrive PIC: MORERI SEJAKGOMO

The Chief Executive Officer (CEO) of the Copyright Society of Botswana (COSBOTS), Letlhogonolo Makwinja says the organisation has not achieved a remarkable financial success in 2022.

Speaking at the COSBOTS annual general meeting (AGM) in Gaborone on Saturday, Makwinja revealed that the total revenue for the organisation decreased by seven percent from the previous year.

He said the decrease was due to several factors among them non-compliance of licensees and late payment by some members.

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