Kampala, Uganda | THE INDEPENDENT | There will little to cheer for the second year running for investors in The New Vision Printing and Publishing Company Limited, as the company prepares to announce a loss for the half-year ended July 2024. This comes as the revenues of Uganda’s largest media company …
Read More »Drop in advertising, govt arrears sends New Vision into losses
Kampala, Uganda | THE INDEPENDENT | The performance volatility of the New Vision Printing and Publishing Company Ltd continues as the management notifies current and prospective shareholders of an impending loss for the year 2022/2023. The notice issued by Managing Director Don Wanyama is based on the “preliminary assessment” of …
Read More »MPs propose UBC and New Vision merger
Kampala, Uganda | THE INDEPENDENT | Legislators have urged government to consider merging Uganda Broadcasting Corporation (UBC) and the New Vision following reports of non-performance. MPs made this proposal while scrutinizing the budgetary allocations to UBC for the Financial Year 2023/2024, arguing that government should not continue injecting money in an entity …
Read More »Uganda Securities Exchange calls halt on New Vision trading
Kampala, Uganda | THE INDEPENDENT | The Uganda Securities Exchange (USE) has halted trading of shares of New Vision Printing and Publishing Company Limited, a company whose majority shareholder is the government of Uganda. In a letter signed by the Uganda Securities Exchange Chief Executive Officer Paul Bwiso, the suspension …
Read More »Kabushenga reveals role Chandi Jamwa played in success of The New Vision
Kampala, Uganda | THE INDEPENDENT | Outgoing Vision Group Managing Director and CEO Robert Kabushenga has hailed David Chandi Jamwa as one of the key persons behind the success The New Vision has enjoyed over the years. Speaking at a farewell luncheon organized for him by the company on Friday, Kabushenga outlined the …
Read More »Don Wanyama to head New Vision
Kampala, Uganda | THE INDEPENDENT | Senior Press Secretary to the President Don Wanyama has been appointed Managing Director/CEO of Vision Group. The Board Chairman of Vision Group Patrick Ayota announced the decision Tuesday. Wanyama, who has been President Yoweri Museveni’s press secretary since 2016, will replace Robert Kabushenga. The New …
Read More »Kabushenga retires from New Vision
Kampala, Uganda | THE INDEPENDENT | Vision Group’s Managing Director and CEO Robert Kabushenga will hand over office in 90 days time, after asking for early retirement. Vision Group, Uganda’s leading media house, issued a statement explaining the decision of their long-serving CEO. Kabushenga was only the company’s second CEO, having …
Read More »COVID-19 case at The New Vision
Kampala, Uganda | THE INDEPENDENT & URN | A member of staff of The New Vision has tested positive for COVID-19 and the media house plans further checks to ensure more are not infected. “I wish to inform you that Vision Group has registered a case of COVID-19. One …
Read More »Only UBC cleared to cover Kasirye Gwanga’s burial
Kampala, Uganda | THE INDEPENDENT | Only few people and media will be allowed to attend Maj. Gen Samuel Wasswa Kasirye Ggwanga’s burial on Friday. Due to rules on social distancing occasioned by the coronavirus (COVID-19) pandemic, only the family, UPDF and close friends will be allowed at the burial …
Read More »MPs query employees’ pay cut at vision group
Kampala, Uganda | THE INDEPENDENT | The government has been tasked to explain a recent decision by the management of Vision Group, the publishers of New Vision and Bukedde newspaper to effect salary cuts for all members of staff. Government is the majority shareholder in the company with 53 per …
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