Investment In Brief

Investment

-The South African Script Writing Institute (The Institute is in danger of having to shut down operations due to a funding crisis caused by failure of funders to deliver on payment and on commitments. The Institute is awaiting the second tranche of funds (from an amount of R3.2m) approved by the National Lottery Distribution Trust Fund (NLDTF) in the 2005 cycle

- The New Vision has bought Radio West, western Uganda's most dominant radio station, CEO Robert Kabushenga said. Last month it opened a Luganda station Bukedde 100.5, close on the heels of the launch of the English language Vision Voice 94.8 in December.