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Tycoon Wavamuno earmarks Shs1b for new television channel

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The founder of the defunct Wavah Broadcasting Services (WBS), Gordon Wavamunno, has put a side Shs1billion for setting up a new television station in Uganda.

In 2016, Uganda Revenue Authority (URA) placed a local television station, WBS under receivership over Shs7.2b tax arrears. This process was to ensure that the tax arrears are paid. The station later on December 14, 2016 ceased to operate as a public broadcaster.

The TV was reportedly sold off to Kwese Sports, a continental sports TV owned by Zimbabwean businessman, Strive Masiyiwa and it was renamed ‘Kwese Sports’.

Speaking over the weekend, Wavamunno said he is also setting up a museum where almost everything that WBS TV used when it first went on air. They include; studio equipment, cameras, office furniture, the accolades and all the shows that aired on WBS.

The museum will also have a collection of things about the man Wavamunno himself; his journey in business, culture and family among others.

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