Ugandan musician Sheebah Karungi has continued to grow her investment portfolio and has done so by sinking money into various businesses including the recently launched Red Events, an events company.
Reports about the Red Events company were confirmed today after Sheebah made an announcement via her Instagram informing her followers about the launch of her events business that will offer all kinds of services from brand launches to birthday parties and much more.
Sheebah’s post read:
As We Celebrated Valentines Day, I Also Officially Launched My 4th Company 🙏🏽Under SHEEBAH ESTABLISHMENTS, Called The RED EVENTS @redeventsug
We, Will, Be Organizing All Sorts Of Events! Birthday Parties, Bachelorette/Bachelor’s Parties, Private Parties, Brand Launches, Kasiki, Kwanjula, Weddings, Baby Showers, Romantic Dates, Boat Cruises, Etc… You Name!! Don’t Hesitate To Call Us For More Information or Visit Our Offices In Bunga (Zebra Stage, Nadduli Road) 0779596259 / 0706071591/ 0759919162 0753533121. Thank You All That Came Through To Support Us. I See You👏🏼👏🏼👏🏼👏🏼👏🏼 May God Bless You All For Me🙏🏽
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According to Sheebah, Red Events is the fourth company that has she has launched so far under the Sheebah Establishments. She also thanked everyone that has supported her throughout her career and all her ventures.
The Red Events company will offer events services in all forms which include birthday and private parties, bachelorette/bachelor’s parties, brand launches, weddings, baby showers, romantic dates, boat cruises to mention but a few.
It seems the TNS star has realised how profitable events companies can be and has decided to launch her own. Given her reputation and brand name, Sheebah may gain a lot from it and could find herself rising to the top very soon as an events organiser.
Red Events makes it the fourth company Sheebah has launched so far
As Sheebah’s investment portfolio continues to grow, she has made it her mission to invest and start up several businesses under her establishment so as increase her income flow and stay afloat.
Given the current Covid-19 pandemic, which has gravely affected businesses worldwide more so those within the entertainment industry. It is a smart move for any Ugandan musician to look for different avenues that can bring in more money for them in the long term.
Apart from Red Events, the “Nakyuka” singer last year launched her own bar which she named “The Red Terrace” located in Bunga. She also invested in a sanitary pad’s company called Holic Pads and according to Celeb Patrol, the brand’s name was coined out of ‘Sheebaholics’ who are her biggest fan base.
Aside from the above investments, Sheebah may even have several other business ventures where she has invested, and if she continues with this trend she may become one of the richest music artists in Uganda in a few years.
Author: Allan Bangirana
Allan Bangirana is a freelance writer for Newslibre & Spur Magazine. He is passionate about tech, games and occasionally writes about entertainment, lifestyle and so much more.