SK Mbuga Closes STV
March 22, 2023Tycoon SK Mbuga real name, Sulaiman Kabangala closed Buziga-based television, STV until further notice.
In 2019, SK Mbuga invested over 10bn in STV and many believed it would be the next big broadcasting station in the country.
He recruited the likes of Kazibwe Mbaziira Bashir, Tamale Mirundi, Full Figure but the station failed to pick up.
In March 2022, word made rounds that Mbuga was planning to overhaul the station and change into a full Sports channel because there is limited competition in that field.
Presenters started leaving one by one; Fifi Parker, Robin Kisti among many others.
Today, Select 4 Fun Limited – a company that runs STV, officially wrote to Uganda Communications Commission (UCC) notifying them of temporary closure to revamp their studios.
The CEO says the process will take them three months.
Recently, Mbuga launched a security company, Atroks Security Services Limited.
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