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NFVF FUNDING CONSTRAINTS (article first published : 2005-09-8)

After a meeting, the Council of the National Film and Video Foundation (NFVF) resolved that it was not in a position to approve any further projects for funding due to unavailability of funds for the rest of the 2005/6 financial years. The situation has arisen owing to the lapse of the special Feature Film Fund of R35million allocated over a three-year period, which ended March 31, 2005. As there has been no renewal of this funding, the NFVFs 2005/2006 funding budget is R12 million less than that available in the previous three years.

Projects already approved in the current financial year, as well as those that the NFVF has committed to for a three-year cycle ending in 2006 will not be affected. This includes festivals and markets already budgeted for in this financial year.

The Council of the NFVF has requested an urgent meeting with the Minister of Arts and Culture, Dr Pallo Jordan, to find a speedy solution to this crisis. In spite of this regrettable situation, the Council of the NFVF is proud of its track record and the successes of the past years. From the R35million committed for the development of feature films, 26 films were produced including the Oscar nominated film Yesterday by Darrel Roodt and Drum by Zola Maseko, the recipient of the Stallion of Yennenga.

These together with other films produced with NFVF funding over the last three years have culminated in well over 30 international awards being earned by the South African film industry.

Further information from Mofihli Teleki (Media Relations Officer), National Film and Video Foundation on 011 483 0880 or 083 689 5333, fax 011 483 0881 or email mofihlit@nfvf.co.za




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