New Vision Group

Quality 0.50 · 2 views · Updated 2 months ago

Ugandan media company

title: "New Vision Group" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["new-vision-group", "mass-media-companies-of-uganda", "conglomerate-companies-of-uganda", "companies-listed-on-the-uganda-securities-exchange", "companies-established-in-1986", "1986-establishments-in-uganda", "mass-media-in-kampala", "companies-based-in-kampala"] description: "Ugandan media company" topic_path: "general/new-vision-group" source: "https://en.wikipedia.org/wiki/New_Vision_Group" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Ugandan media company ::

::data[format=table title="Infobox company"]

FieldValue
nameVision Group
typePublicly Traded Conglomerate
foundation
location2/4 First Street, Kampala, Uganda
key_peoplePatrick Ayota (chairman)
Don Wanyama (CEO)Barbara Kaija (EIC)
revenueAftertax: UGX:1.0 billion (2022){{cite web
titleDon Wanyama leads Vision Group to 36% post-Covid-19 revenue jump and UGX1 bn net profit
access-date12 October 2022
assetsUGX: 85.85 billion (2017)
industryPublishing, printing, broadcasting, telecasting
productsNewspapers, magazines, books, television stations, radio stations
homepage
::

| name = Vision Group | logo = | type = Publicly Traded Conglomerate | company_slogan = | foundation = | location = 2/4 First Street, Kampala, Uganda | key_people = Patrick Ayota (chairman) Don Wanyama (CEO)Barbara Kaija (EIC) | num_employees = | revenue = Aftertax: UGX:1.0 billion (2022){{cite web| work=PML Daily |date=11 October 2022 | url=https://www.pmldaily.com/business/2022/10/153007.html | title=Don Wanyama leads Vision Group to 36% post-Covid-19 revenue jump and UGX1 bn net profit |author=Javira Ssebwami | access-date=12 October 2022 |location=Kampala, Uganda}} | assets = UGX: 85.85 billion (2017) | industry = Publishing, printing, broadcasting, telecasting | products = Newspapers, magazines, books, television stations, radio stations | homepage =

The ** Vision Group of Companies**, commonly known as the Vision Group, is a multimedia conglomerate in Uganda. It publishes the New Vision (newspaper), an English-language daily newspaper that appears in print form and online, as well as other newspapers and magazines in a variety of Ugandan languages.

History

The group was established in 1986, with the flagship publication, the New Vision newspaper. The company's first managing director was William Pike, who started the year the group launched.

In 2007, a board member of the New Vision Group was allegedly poisoned.

In 2009, the group apologised for publishing a corruption story on Muwenda Mutebi II of Buganda.

The group launched its global mobile application (E-Paper) in 2015 but disabled it in 2019 to work on upgrading it. In March 2016, the groups signed a partnership with Wakaliwood Uganda to promote the Ugandan film industry. In 2017, the group's accountant was sentenced to five years in prison for embezzling 262 million shillings from the group from 2008 to 2013. ::figure[src="https://upload.wikimedia.org/wikipedia/commons/4/47/Don_Wanyama.jpg" caption="Don Wanyama, CEO Vision Group."] ::

In May 2020, in the outburst of the COVID-19 pandemic in Uganda, the New Vision Group sent dozens of employees on forced leave without pay, twelve days after it had announced major salary cuts. Following this announcement, the group's accountant was found dead in her house.

Overview

The group's holding company is The New Vision Printing & Publishing Company Limited (also referred to as the Vision Group). The Group owns other newspapers, radio stations and two television stations, as of January 2010. The stock of the holding company is traded on the Uganda Securities Exchange, under the symbol NVL.

The address of the Group's headquarters is 19-21 First Street, in the industrial area of Kampala.

Subsidiary companies

The subsidiary companies of the Vision Group include:

  1. New Vision (newspaper): published in English
  2. Bukedde newspaper: published in Luganda
  3. Orumuri newspaper: published in Runyankore/Rukiga (or Runyakitara)
  4. Etop newspaper: published in Ateso
  5. Rupiny newspaper: published in Luo
  6. Premiership magazine: Soccer magazine covering English, African and Ugandan soccer news, published monthly in English.
  7. City Beat magazine: Entertainment magazine aimed at the affluent 19 to 35 demographic age group, published monthly in English
  8. Secondary Schools Directory: published annually in English
  9. Bride & Groom magazine: Bridal magazine, published quarterly in English
  10. New Vision Printing & Publishing Company Limited: Most newspapers in Uganda, Rwanda and Southern Sudan are printed by Vision Printing.{{cite web|date=5 June 2018 | url=https://www.preventionweb.net/organizations/3784 | title=Profile of New Vision Printing & Publishing Company Limited |access-date=5 June 2018 |publisher=Preventionweb.net | author=Preventionweb}}
  11. Vision Voice FM 94.8, (now X-FM): Based in Kampala. Broadcasts in English, covers a radius of 100 km.
  12. Radio Bukedde FM 100.5: Based in Kampala. Broadcasts in Luganda
  13. 100.2 Fm Radio West : Based in Mbarara. The dominant radio station in the Western Region of Uganda. Broadcasts in Runyankole/Rukiga, Runyoro/Rutoro and English.
  14. Radio Rupiny FM 95.7: Based in Gulu. Broadcasts in Luo
  15. Radio Etop FM 99.4: Based in Soroti. Broadcasts in Ateso{{cite web| access-date=5 June 2018 |first=Patrick |last=Jaramogi | url=https://www.newvision.co.ug/new_vision/news/1203302/etop-radio-takes-teso-airwaves |title=Etop Radio Takes Over Teso Airwaves |publisher=New Vision |date=20 October 2009 | location=Kampala}}
  16. Arua One FM 88.7: Acquired in Arua during 2012. Broadcasts in Lugbara, Swahili and English.
  17. Urban Television: Launched in October 2009. Transmits in English
  18. Bukedde Television (BTV): Launched in October 2009. Transmits in Luganda
  19. West Television (West TV): Operating in the Western parts of Uganda alongside Radio West. transmits in Runyankole/Rukiga, Runyoro/Rutoro and English.

Ownership

The Vision Group is owned by the Ugandan government and by institutional and individual investors. The shares of the Group are traded on the Uganda Securities Exchange (USE), under he symbol: NVL. The table below summarizes the ownership structure of the Vision Group, as of 30 June 2016.

::data[format=table title="'''New Vision Group stock ownership'''"]

RankName of ownerPercentage ownership
1Ministry of State for Finance (Privatization)26.67
2Ministry of Finance, Planning and Economic Development26.67
3National Social Security Fund19.61
4National Social Security Fund: PineBridge2.86
5National Insurance Corporation2.70
6Bank of Uganda Staff Retirement Benefit Scheme: AIG2.23
7Bank of Uganda Staff Retirement Benefit Scheme: SIM1.28
8Insurance Company of East Africa Uganda Limited0.74
9Wazunula Samuel Mangaali0.67
10Makerere University Retirement Benefits Scheme0.62
11Other institutional & individual investors15.97
Total100.0
::

References

References

  1. Vision Group. (4 October 2017). "New Vision Group Annual Report for Year Ended 30 June 2017". New Vision Group.
  2. Mutegeki, Geoffrey. (23 September 2017). "Vision Group names building after William Pike". [[New Vision]].
  3. Geoffrey Mutegeki. (23 September 2017). "Vision Group names building after William Pike".
  4. Ida Berg Slang. (20 August 2010). "Uganda: pressed for freedom".
  5. Ssemujju Ibrahim Nganda. (2 August 2009). "How Mengo, New vision crisis was resolved".
  6. (27 June 2019). "Vision Group E-paper app to be scrapped off the Play Store".
  7. Abou Kisige. (13 March 2016). "Vision Group enters partnership to promote film industry".
  8. (2 August 2017). "Vision Group Principal Accountant jailed 5 years for theft of 262m".
  9. George Okello. (12 May 2020). "After salary cuts, Vision Group sends dozens of staff on forced leave without pay".
  10. Brian Asiimwe. (17 May 2020). "Vision Group Accountant in Mbarara Found Dead".
  11. Juuko, Sylvia. (29 October 2009). "New Vision Expands Into Television". [[New Vision]].
  12. Vision Reporter. (29 October 2009). "Bukedde TV Station Starts". [[New Vision]].
  13. Vision Group. (5 June 2018). "New Vision Group: Contact Information". New Vision Group.
  14. Vision Group. (2016). "New Vision Group: Products". New Vision Group.
  15. "Orumuri (@Orumuri) {{!}} Twitter".
  16. New Vision Group. (1 November 2017). "Annual Report for the Twelve Months Ended 30 June 2017: Summary of Shareholder Distribution". New Vision Group.

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

new-vision-groupmass-media-companies-of-ugandaconglomerate-companies-of-ugandacompanies-listed-on-the-uganda-securities-exchangecompanies-established-in-19861986-establishments-in-ugandamass-media-in-kampalacompanies-based-in-kampala