The readers of Elyt magazine who have been wondering what happened to it we are here to tell you the real story. The former employees of Elyt magazine have informed us that the magazine closed shop after its main sponsor quit the business.

Even though the magazine was reported not to be selling, the sponsor kept on pumping in into money until he got some misunderstandings with its editor, Sean Ndawula.

Sources say that Sean breached the agreement he had signed with the sponsor of the magazine blocking the chances of getting the cash to print Elyt magazine.

We have been told that Sean had agreed to give the sponsor of his magazine 30% of the total revenue but when the magazine reportedly got an advert from Uganda telecom, the editor failed to remit the 30% to the sponsor forcing him to quit the business.

By James Okello