Foreign ownership in media capped

What you need to know:

Regulations give more powers to the director of Information Services Department who will now act as the govt advertising agent

The ISD has also been designated by the regulations as the government’s “advertising agent”. This means that all government ministries, departments, agencies, institutions, local government authorities as well as projects with over 50 per cent government funding would have to channel their adverts through the ISD for “synchronisation before being published or broadcasted.” The director of ISD shall will, therefore, have the sole and exclusive authority to decide which medium to use in publishing or broadcasting the submitted adverts subject to budget set for by the accounting officers, the regulations say. “The ISD will also charge up to 10 per cent of the total cost of the adverts at market rate obtained from the service vendors at that particular time as administrative commission for the service, the regulations add.

Foreign ownership in media capped

What you need to know:

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