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Nation Media Group is set to lose some of its employees due to the Covid effect. This was stated in a letter that was published on 25th March 2021. Nation Media comprises of Daily Monitor, Enyanda, NTV, Spark TV among others. One of their reasons besides the pandemic is that they want to take the digital route further.
“During this difficult period, management has implemented several cost-saving interventions to enable business continuity.” the letter read.
“Furthermore, this new reality necessitates the re-engineering of NMGU in order to accelerate our digital transformation. On this journey, we intend to radically change our business model for all media platforms from traditional advertising to content-driven revenue. With the objective of establishing leadership in the mobile/digital landscape in Uganda. While also exploring new revenue streams in the experiential and technology space.”
Consequently, all these put together have resulted into the company reducing on the number of employees it has. Apparently, it will take effect on 31st March 2021 which is next week on Wednesday.
… Regrettably, it will also result in a reduction of our workforce effective Wednesday, March 31st 2021.” The letter noted.
Well, Covid has not left businesses the same and definitely, media has not been spared. There was another rumour that Record TV will be closing down by the end of March as well. This means the number of unemployed people is actually increasing and something has to be done.
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
