New Vision Group

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

Location

The address of the Group's headquarters is 19-21 First Street, in the industrial area of Kampala, Uganda's capital and largest city. This location is at the intersection between First Street and Third Street, in Kampala Central Division. The coordinates of the company headquarters are 0°19'20.0"N, 32°36'12.0"E (Latitude:0.322223; Longitude:32.603334).[2] The Group also maintains regional offices in the following urban centers: Luweero, Masaka, Jinja, Mbale, Soroti, Tororo, Arua, Gulu, Lira, Mbarara and Fort Portal.[3]

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 Vision Group. The Group owns other newspapers, radio stations and two television stations, as of January 2010.[4][5] The stock of the holding company is traded on the Uganda Securities Exchange, under the symbol NVL.

Subsidiary companies

The subsidiary companies of the Vision Group include:

Ownership

The 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 Vision Group.

New Vision Group Stock Ownership
Rank Name of OwnerPercentage Ownership
1Government of Uganda53.0
2Institutional & Individual Investors47.0
Total100.0

See also

References

  1. ↑ Candia, Steven (16 November 2012). "Vision Group Profits Hit Sh3 Billion". New Vision. Retrieved 3 July 2014.
  2. ↑ Google (11 January 2016). "Location of New Vision Group Headquarters" (Map). Google Maps. Google. Retrieved 11 January 2016.
  3. ↑ NVG. "New Vision Group: Contact Information". Kampala: New Vision Group (NVG). Retrieved 3 July 2014.
  4. ↑ Juuko, Sylvia (29 October 2009). "New Vision Expands Into Television". New Vision. Retrieved 3 July 2014.
  5. ↑ Newvision, Archive (29 October 2009). "Bukedde TV Station Starts". New Vision. Retrieved 3 July 2014.
  6. ↑ "Profile of New Vision Printing & Publishing Company Limited". InsideView.com. Retrieved 3 July 2014.
  7. ↑ Jaramogi, Patrick (20 October 2009). "Etop Radio Takes Over Teso Airwaves". New Vision. Retrieved 3 July 2014.

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

This article is issued from Wikipedia - version of the 2/29/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.