Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the

Nairobi Stock Exchange The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in ...

. NMG was founded by

Aga Khan IV Shāh Karim al-Husayni (born 13 December 1936), known by the religious title Mawlānā Hazar Imam by his Ismaili followers and elsewhere as Aga Khan IV, is the 49th and current Imam of Nizari Ismailis, a denomination within Shia Islam. He ha ...

in 1959 and is the largest private media house in

East East or Orient is one of the four cardinal directions or points of the compass. It is the opposite direction from west and is the direction from which the Sun rises on the Earth. Etymology As in other languages, the word is formed from the fa ...

and

Central Africa Central Africa is a subregion of the African continent comprising various countries according to different definitions. Angola, Burundi, the Central African Republic, Chad, the Democratic Republic of the Congo, the Republic of the Congo, ...

with offices in

Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

, and

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...

. In 1999, NMG launched

NTV NTV may refer to: Television * NTV (Bangladesh), a Bengali-language satellite television channel in Bangladesh * NTV (India), Telugu regional channel * NTV (Kenya) * NTV (Mongolia), a television channel based in Mongolia * NTV (Newport Televis ...

, a news channel in Kenya, and

Easy FM Easy FM is a radio station in Beijing, China on 91.5 FM. It is a member of the China Radio International group of radio stations. The programs are mostly in English (some of them being bilingual), while the commercials are in Mandarin Chinese. ...

Media outlets

The group publications include ''

The EastAfrican ''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes T ...

'', '' Daily Nation'', ''

Business Daily Africa ''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairo ...

'', ''

Daily Monitor The ''Daily Monitor'' is a Ugandan independent daily newspaper. Its name is shared by the ''Saturday Monitor'' and ''Sunday Monitor'', which are also published by Monitor Publications Limited. ''Daily Monitor'' averaged a daily circulation of 24,2 ...

'', '' The Citizen'', ''NMG Investor Briefing'', ''

Taifa Leo ''Taifa Leo'' is the only Swahili-language newspaper published from Kenya. It was founded in 1958. ''Taifa Leo'' means "Nation Today" in Swahili. ''Taifa Leo'' is published by the Nation Media Group Nation Media Group (abbreviated as NMG) is ...

'' and ''Zuqka''. The ''Daily Nation'' and the Sunday edition of the same newspaper, the ''Sunday Nation'', celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010. NMG owns a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...

-based radio station in

. It also owns two television stations in the country,

NTV Uganda NTV Uganda is a Ugandan television station under the Nation Media Group, NMG, operating in East Africa. It has been on air since 2006. It is one of the companies owned by Aga Khan IV. During the Arua elections, NTV Uganda reporter Herbert Zziwa ...

and Spark TV. NMG also has a 60% shareholding in ''Mwananchi Communications Limited in Tanzania. The group's East African subsidiaries, especially the Tanzanian business, contribute significantly to growth in the group. In March 2016, NMG commissioned a new state-of-the art printing press on Mombasa Road in Nairobi. The new facility has capacity to print 86,000 newspapers per hour. It cost KSh2 billion (about US$20 million) and will print the dailies ''Daily Nation'', ''Business Daily'', ''Taifa Leo'' and the weekly ''The EastAfrican''.

Shareholding

The shares of

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

of the Group are listed at the Nairobi Stock Exchange and are cross-listed at the

Uganda Securities Exchange The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's ...

as well as the

Rwanda Stock Exchange The Rwanda Stock Exchange Limited was incorporated on 7 October 2005 with the objective of carrying out stock market operations. The Stock Exchange was demutualized from the start as it was registered as a company limited by shares. The company ...

, trading at all three bourses under the symbol "NMG". As at December 2014, there were a total of 10,436 shareholders in the company. Of these, 4,135, owned 1 to 500 shares each, with a cumulative total of 782,157 shares, controlling 0.41 percent of the company. The seven largest shareholders controlled 62.57 percent of the total shareholding. These included: *

Aga Khan Fund for Economic Development Aga Khan Fund for Economic Development SA is a Swiss for-profit entity and international development finance institution which invests in countries of East Africa, West Africa, Central Asia, and South Asia. It is based in Geneva, Switzerland. I ...

with 44.66 percent. * Alpine Investments Limited with 10.15 percent. * National Social Security Fund with 3.44 percent. * John Kibunga Kimani who had 1.54 percent shareholding. * Jubilee Insurance Company of Kenya Limited with 1.07 percent. * Standard Chartered Nominees A/c KE17984, who controlled 0.91 percent * CfC Stanbic Nominee Limited with 0.81 percent shareholding.

Awards

* 2021 IF Design Awards for an outstanding digital platform * 2021 Global Media Awards (by the International News Media Association (INMA)) * 2022 Global Media Awards

References

External links

*
2008 annual reportThe Citizen newspaper website
- The official website for The Citizen Tanzania newspaper
The Mwananchi newspaper website
- The official website for Mwananchi Tanzania Newspaper
The Mwanaspoti newspaper website
- The official website for Mwanaspoti Tanzania newspaper
Mwananchi Communications Ltd website
- The official website for Mwananchi Communications Ltd, its subsidiary in Tanzania {{Authority control Newspapers published in Kenya Mass media in Nairobi Companies listed on the Nairobi Securities Exchange Companies listed on the Uganda Securities Exchange Companies listed on the Rwanda Stock Exchange Mass media companies established in 1959 Kenyan companies established in 1959

Media outlets

Shareholding

Awards

See also

References

External links