New Vision Group

New Vision Group
Type Publicly Traded Conglomerate
Industry Publishing, Printing, Broadcasting
Founded 1986
Headquarters 2/4 First Street, Kampala, Uganda
Products Newspapers, Magazines, Books, Television Stations, Radio Stations
Website http://www.newvision.co.ug

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

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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.[1][2] 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:

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

See also

References