Uganda Performing Right Society (UPRS) is set to hold its 2022 Annual General Meeting (AGM) for its members and stakeholders on January 20 2023, at the Uganda National Theater in Kampala.
According to the Ag UPRS CEO, MS Nassuna Morrine, UPRS will also announce the dates when royalties to its members will be paid following two years of not paying due to COVID-19 disruptions.
“This AGM is special to us as UPRS management and our members because it will help us to refocus ourselves on growing Uganda’s music after years of hardships. For the past years, we have had issues due to the COVID-19 pandemic that disrupted our revenue base. However, the economy is recovering, and we hope for better performance and higher payout for our members,” she said.
The last AGM was held on October 29, 2021. At the upcoming meeting, UPRS will also present audited books of accounts for the previous four years.
“We invite all our members to attend so you can all contribute to the discussion towards the growth of UPRS. For the first time, we will present an audited accounting report for the last four years (2019, 2020, 2021 and this year 2022) prepared by qualified independent auditors. A soft copy of the report will also be published on the UPRS website for all the members to review and analyze for transparency purpose,” Juliet Ssesanga , the UPRS Board representative said.
At the same event, UPRS will be launching a new campaign, Friends of Ugandan Music, aimed at improving music users compliance towards UPRS license payments which will in turn increase the royalties paid to the musicians.