GNL Zamba Offers To Buy Off Mulindwa’s Heavily Indebted Hot 100 FM

GNL Zamba Offers To Buy Off Mulindwa’s Heavily Indebted Hot 100 FM

By Ivan Mwine

Ugandan hip-hop star Ernest Nsimbi popularly known as GNL Zamba has offered to buy off businessman Isaac Mulindwa’s Hot 100FM, which is wallowing in multimillion debts and is on verge of closure.

Moles reveal that Hot 100, which has been in operation for almost two decades, is set to close down business any time soon after the media house failed to break even, despite having a lot of unpaid bills for service providers.

Hot 100  FM is a sister radio for Radio Simba, which has shareholders that include Aga Ssekalala, Isaac Mulindwa, Andrew Benon Kibuuka, Charles Ssenkubuge aka Siasa, among others.

However, whereas Simba FM is arguably performing well, Hot 100 FM  has been struggling for years to keep afloat and  it is no surprise that the station is headed for limbo.

But in a bid to save the media house from closure, GNL Zamba of Baboon Forest Records, has made a public offer to Mulindwa and his fellow shareholders because of the passionate history he has with the radio.

The rapper wrote thus on social media after hearing that the radio is about to be closed down by its owners; “I want to buy @hot100_ug I feel sad this iconic station is closing. The radio gave me my 1st break. The owners were visionaries, I see opportunities for billions for a media house like this, it isn’t late to salvage this spaceship! Hiphop is the wealthiest most powerful culture.”

It should be noted that Hot 100 FM since its start in 2006 set itself aside as the only radio station that plays Hip-Hop and other uptown music genres, a niche that endeared the radio to several youth across the country.

The station kicked off with a set of urban style presenters that included; Bryan Sabiiti Mckenzie, Byg Kahuna, Dedan Muyiira, among others, who have all since quit the station in search for greener pastures.

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