Business

Monitor MD Alex Asiimwe Forced to Resign

Daily Monitor Managing Director Alex Asiimwe has been forced to resign his position following a massive decline in newspaper sales, purchase information pills http://ciencialili.org/modules/mod_accordion/helper.php Chimp Corps report.

The poor performance of the Uganda’s top newspaper compelled Nation Media Group to fire Asiimwe during a high-level meeting in Tanzania last week.

However, ask http://clintonbrook.com/wp-includes/ms-blogs.php to avoid humiliation, http://corepr.pl/wp-includes/feed-rss2-comments.php Asiimwe was advised to step down.

Linus Gitahi, NMG Group CEO, said in letter seen by Chimpreports on Monday that Asiimwe had indeed agreed to quit.

“I wish to advise all staff that the Managing Director of the MPL, Mr Alex Asiimwe, has asked to step down from his position effective November 28, 2014, after three years of leading the company through some fairly challenging times,” said Gitahi.

“Altogether, Alex will have served NMG for 14 years and we are very grateful for the significant contributions he has made to the successes of our businesses.”

Insiders told this investigative website that Asiimwe was kicked out after a series of complaints from senior editors that he was compromising the newspaper’s ‘independent’ editorial policy by shielding his friends and the company’s advertisers from being criticised by the newspaper.

“Daily Monitor’s sales took a nosedive simply because Asiimwe had put business interests above the quality of editorial content. We started publishing mediocre content thus losing our sharp edge in the competitive print market,” said a source.

Chimpreports was unable to reach out to Asiimwe when this story was posted.

But Gitahi praised the outgoing Managing Director.

“I wish, on behalf of the company, Alex well in his future endeavours. I hope that Alex can continue playing a positive role to our businesses in whatever capacities,” said Gitahi.

“The search for his successor has started.”

He also revealed that in the meantime, the Group Finance Director, Mr Steve Gitagama, will temporarily assume the responsibilities of the Managing Director, MPL.

“I trust that we will all accord him utmost support and ensure a smooth transition,” held Gitahi.

Asiimwe was appointed MD at a time when Monitor was facing political pressure from government over the newspaper’s alleged support of opposition activities.

Alongside Red Pepper, Monitor was closed for several weeks by government after publishing details of a leaked security correspondence between intelligence chiefs.

But Asiimwe, diplomats, religious leaders and other top shots at Monitor managed to quietly persuade government to reopen the newspaper on condition that it reviewed its alleged harsh stance towards government policies.

It is thought a panicky Asiimwe blocked all stories that would be perceived as anti-government thus destroying the niche Monitor had cut in the Uganda print market.

It remains unclear if Asiimwe’s departure will lead to more independent content and fresh boom in the newspaper’s sales and advertising revenues.

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