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KABUSHENGA FOR MINISTERIAL JOB: ‘Robo’ Quits After 14 Years With 2.7BN Profit In 2020

By Francis Otucu

On Friday, Robert Kabushenga announced he had resigned as chief executive officer of Vision Group, a position he held since October 2006.

In a statement, Kabushenga said he had asked the board for permission to retire early.

“I am proud of the success we achieved and the impact we have had in society. This was possible because we worked together as a team,” Kabushenga wrote in a short statement circulated on his social media channels.

Kabushenga said he had agreed to stay on for 90 more days to oversee the transition of his successor.

A lawyer by profession, Kabushenga served as corporation secretary at The New Vision before replacing William Pike in 2006.

Under Kabushenga’s watch, The New Vision embarked on an aggressive of acquisition of media properties including radio stations like Radio West and TV stations.

Some analysts warned at the time that the rapid expansion would cost New Vision dearly but Kabushenga ploughed on.

Over the years, the company has had mixed financial fortunes. In 2017, the company registered a net profit of Shs 14 million, the lowest in years.

However it bounced bank and in 2020, the company recorded a net profit of Shs 2.7 billion.

However, The Second Opinion has exclusively obtained that Kabushenga is not only headed to the the farm.

Actually, insiders say the ‘coffee man’ is being looked at as the next ICT Minister in the government that starts May 2021.

Whereas his resignation and Judith Nabakooba’s MP fall are a double blessing, sources say his name was proposed for ICT ministry even before Nabakooba’s loss and his resignation.

In fact, those in the know say with the ‘return’ of ex- prime minister John Patrick Amama Mbabazi to government, Kabushenga’s cabinet job is inevitable.

The pair are very good friends, a source told us Friday afternoon.

Outside his Amama friendship, Kabushenga is tech-savvy while his performance at VG is loud enough.

SFC Commander, Muhoozi Kainerugaba, after paying a visit to Rugeyo Farm

“Forget his ICT knowledge and VG CEO experience, he is an example Mzee needs. What the man does on the farm is what the President expects of leaders. Unfortunately, most of these leaders have disappointed Mzee. Robo (as known among his very close friends) is the leader the 2021-26 government needs,” a source told us, describing Kabushenga as a lobbyist.

Part of the reporting by The Nilepost

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