Musician Wycliffe Tugume aka Ykee Benda is one of the few people who have invested heavily in the music industry. He has asked tycoons to invest in the growing music industry.
"Dear rich men and women of Uganda. I'm calling you out to Invest in Ugandan music, this is a very big and good business that can't kill your money if you go about it the right way. Invest in music and talents. You will thank me later," he tweeted.
The Mpaka records boss has a recording studio and he signed musician Drecali under his record label. He also owns a company that links musicians to different brand ambassadorial deals.