Record TV Network officially closed its business operations in Uganda by March 31, 2021, a move which saw over 30 staff at the Kira road bases station be rendered jobless.
Ezekiel Motoseneng, the managing director of Record TV Network Uganda explained on Wednesday that the station shut down operations because most advertisers especially on the European Market, were adversely affected by the COVID-19 pandemic, and could not eventually uphold their commercial strength to support the stations operations in Uganda.
The station, owned by a 67 year old television company based in Sanpaolo, Brazil has been in existence in Uganda since 2006, making 15 years of operation in Uganda’s capital Uganda.
Motosoeneng also hinted that the closure of the TV station was also partly because the broadcaster could not achieve their targets in Uganda, and as a result, the shareholders chose to focus their interests elsewhere.
Emmanuel Sanya, the Head of Communications at Record TV says that the decision will affect at least 32 members of staff, who however have been compensated with a payment of three months salary as the company winds up business.
He said they had gone through all the necessary discussions with their employer and all the staff are satisfied with the terms and conditions.
A staff who requested not to be named said it was a difficult time for them now that they have been laid off but added that they were ready to move on.
However, Record Radio, the sister organization to Record TV will remain in business, according to Kasinamaone Tawanda, the Radio’s Managing Director.