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New Vision Group

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New Vision Group

New Vision Group
Type Publicly Traded Conglomerate
Industry Publishing, Printing, Broadcasting
Founded 1986
Headquarters 2/4 First Street, Kampala, Uganda
Key people John Ssebabi
Chairman[1]
Robert Kabushenga
Group CEO
Products Newspapers, Magazines, Books, Television Stations, Radio Stations
Website Homepage

The New Vision Group of Companies, commonly known as the New Vision Group, is a multimedia conglomerate in Uganda.

Location

The Group's headquarters are located on at 2/4 First Street, in the Industrial Area of Kampala, Uganda's capital city. The coordinates of the company headquarters are:00 19 12N, 32 35 58E (Latitude:0.3200; Longitude:32.5995). The group has operations in other parts of the country, including northern, eastern, western and central districts of Uganda.

Overview

The group was established in 1986, with the flagship publication, the New Vision Newspaper. The group's holding company is The New Vision Printing & Publishing Company Limited, also referred to as the New Vision Group. The Group owns other newspapers, radio stations and two television stations, as of January 2010.[2][3] The stock of the holding company is traded on the Uganda Securities Exchange, under the symbol NVL.

Subsidiary companies

The subsidiary companies of the New Vision Group include:

  • New Vision newspaper - Published in English
  • Bukedde newspaper - Published in Luganda
  • Orumuri newspaper - Published in Runyankole/Rukiga
  • Etop newspaper - Published in Ateso
  • Rupiny newspaper - Published in Luo
  • Premiership magazine - Soccer magazine covering English, African and Ugandan soccer news - Published monthly in English.
  • City Beat magazine - Entertainment magazine aimed at the affluent 19 to 35 demographic age group - Published monthly in English
  • Bride & Groom magazine - Bridal magazine - Published quarterly in English
  • Secondary Schools Directory - Published annually in English
  • Vision Printing Limited - Most newspapers in Uganda, Rwanda and Southern Sudan are printed by Vision Printing.[4]
  • Vision Voice FM 94.8 Now X-FM - Based in Kampala. Broadcasts in English, covers a radius of 100 kilometres (62 mi).
  • Radio Bekedde FM 100.5 - Based in Kampala. Broadcasts in Luganda
  • Radio West FM 100.2 - Based in Mbarara. The dominant radio station in western Uganda. Broadcasts in Runyankole/Rukiga, Runyoro/Rutoro and English.
  • Radio Rupiny FM 95.7 - Based in Gulu. Broadcasts in Luo
  • Radio Etop FM 99.4 - Based in Soroti. Broadcasts in Ateso[5]
  • New Vision Television (NVT) - Launched in October 2009. Transmits in English
  • Bukedde Television (BTV) - Launched in October 2009. transmits in Luganda
  • West Television (West TV) - Operating in the Western parts of Uganda alongside Radio West. transmits in Runyankole/Rukiga, Runyoro/Rutoro and English.

Ownership

The New Vision Group is owned by the Ugandan government (53%) and by institutional and individual investors (47%). The shares of the Group are traded on the Uganda Securities Exchange (USE). The table below summarizes the ownership structure of the New Vision Group.

New Vision Group Stock Ownership
Rank Name of Owner Percentage Ownership
1 Government of Uganda 53.0
2 Institutional & Individual Investors 47.0
Total 100.0

External links

  • New Vision
  • Bukedde in Luganda
  • Etop in Ateso
  • Orumuri in Runyakore/Rukiga
  • Rupiny in Luo
  • Community News New Vision on Lango

See also

References

Coordinates: 00°19′12″N 32°35′58″E / 0.32000°N 32.59944°E / 0.32000; 32.59944

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