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Tuesday, April 12 2016

WBS placed under receivership

Wavah Broadcasting Station (WBS) TV has been forced into receivership after defaulting on value added tax and PAYE to the tune of 7.2B. Officials from Uganda Revenue Authority (URA) stormed the Naguru based TV station to place it under administrative receivership to allow the tax body recover the arrears.

"After considering all available options, we settled for the option of receivership, because we think that it could enable us to collect the outstanding debt without necessarily closing down WBS TV. then losing jobs and other associated effects. We believe that through Receivership, we could end up collecting the debt, and later on hand it back to it's owner Prof. Wavah, who has been very cooperative through this process," A statement from URA read in part.

It's the first of it's kind. WBS was the first privately owned TV station to operate in Uganda

A tweet from URA regarding WBS receivership

"We are not closing, we are under new management," a source from WBS tweeted. 

Meanwhile, no specific period has been given for the receivership implying that it will be on up to that time when the amount is fully cleared.

Posted by: uowd AT 01:37 am   |  Permalink   |  Email
MC Kats and baby mama, Fille

Their daughter turned 7, a few days back.

During the interview, MC Kats caught up with his baby mama on a number of issues ranging from her Extended Play that she will be releasing soon, the two collaboration songs that King Saha agreed to work on with Fille.

Hellen Lukoma gifted with a Range Rover

Asked what the magic was, and Hellen was like and that is nothing, he is capable of a lot more.

"I have two children, Ata and Ark, with my Heaven sent Anwar, we have been together for five years. I am a good person and my hubby is the only one in this world, he was made for me and by the way, that is nothing compared to the things he has done."

Sheebah Karungi quits TNS

In a Snapchat post decorated with green snakes emojis, God's Plan who is currently in the UK has revealed how the 'Bango' singer ended up dating his then girlfriend Sheilah Gashumba.

"He used to come to my apartment to chill, drink and eat food..."

Zari and her new lover Choppa

Not long back, when Zari was explaining how she hit the rocks with King Bae, who turned out to be romance scammer, she said that it is not about money when it comes to dating her, so even the not so loaded guys were welcome to give it a try, but looking at her new lover, GK Choppa, he seems to be wearing two faces, in him you see a combination of her late hubby and Diamond Platnumz.

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