Entertainment

Steve Jean’s Bold Investment: From House to Events Business

What you need to know:

  • In a surprising revelation, entertainment critic and music analyst Moses Anthony Mukasa, publicly known as Jenkins Mukasa, has disclosed that renowned Ugandan music producer Steve Jean made a daring decision to sell his house in Bunga and channel the proceeds into establishing Fenon Events.
  • Jenkins emphasized that Steve Jean even tried to persuade him to follow suit by selling his own house in Entebbe to invest in events management, but he declined due to apprehensions about potential losses.

In a surprising revelation, entertainment critic and music analyst Moses Anthony Mukasa, publicly known as Jenkins Mukasa, has disclosed that renowned Ugandan music producer Steve Jean made a daring decision to sell his house in Bunga and channel the proceeds into establishing Fenon Events.

According to Mukasa, Steve Jean took this bold step after recognizing the lucrative nature of the events industry, particularly inspired by the success of Elvis Ssekyanzi, CEO of Silk Events, who was reportedly making substantial profits from event hosting and organization.

Jenkins emphasized that Steve Jean even tried to persuade him to follow suit by selling his own house in Entebbe to invest in events management, but he declined due to apprehensions about potential losses.

Despite the risks involved, Steve Jean’s Fenon Records has emerged as one of the most sought-after events companies in Uganda. Not only has it created employment opportunities for numerous youths under its wing, but it has also played a pivotal role in nurturing talent, with artists such as Blu*3 benefiting from Jean’s mentorship and support.

This bold move by Steve Jean underscores the entrepreneurial spirit and determination prevalent in the Ugandan entertainment industry, serving as an inspiring example of how calculated risks can lead to significant success.

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