WBS For Sale In Uganda

WBS For Sale In Uganda

WBS Television known as Wavah Broadcasting Service is a Ugandan based television station owned by city billionaire Gordon Wavamunno.

On December 14, 2016, it ceased to operate as a public broadcaster after it was put under receivership over Shs7.2b tax arrears by URA.

WBS For Sale In Uganda

WBS Closes, Assets Sold Over Failure to Pay Shs7 Billion

Scores have been left jobless following the closure of WBS TV and sale of its assets after it failed to clear Shs7billion tax debt.

According to a statement signed by Mr Kabiito Karamagi, the Receiver/Manager, appointed by Uganda Revenue Authority (URA) under receivership, WBS will cease to operate effective December 14, this year.

When did WBS start in Uganda?

WBS (Wavah Broadcasting Services) is one of the leading television stations in Uganda. A Spear Group of Companies subsidiary, WBS was launched in 1999 as Uganda’s first privately owned non-pay TV, and has steadily evolved to one of East and Central Africa’s most watched and trusted TV-stations.