Business

NBS Isn’t Buying Us – WBS Speaks Out

WBS will be closing shop on Wednesday

The management of Wavah Broadcasting Service (WBS TV) has dismissed talk that the indebted station is being acquired by rising stars NBS TV.

Reports have making rounds majorly on social media that the WBS Tv which was recently placed under receivership by the Uganda Revenue Authority (URA), abortion http://chulucanasnoticias.com/wp-includes/class-wp-editor.php is being purchased by NBS’s Kin Kariisa.

WBS was placed under the management of Kabiito Karamagi by URA, page http://checkhimout.ca/wp-includes/class.wp-dependencies.php to guide to recovery of by Shs 7billion it owes to the tax body.

Mr Kabiito clarified today, advice “There is no agreement for NBS Tv to purchase/takeover WBS. The Receiver of WBS would like to clarify that the rumors that have been circulating around on social media that NBS Tv has concluded a deal to purchase/takeover WBS are false, unfounded and intended to mislead the public.”

He added, “Any matters relating to the management and disposal of WBS are under the control of the Receiver and he has not entered into any such transaction with anyone.”

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