From Wikipedia, the free encyclopedia
Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the . NMG was founded by
in 1959 and is the largest private media house in
with offices in , , and . In 1999, NMG launched , a news channel in Kenya, and .
The group publications include , , , , , NMG Investor Briefing,
and Zuqka. The Daily Nation and the Sunday edition of the same newspaper, the Sunday Nation, celebrated their , branded by the Nation Media Group as 50 Golden Years, in 2010.
NMG owns a 76.5% stake in the
and 93.3 KFM, a Kampala-based radio station in . It also owns two television stations in the country, NTV Uganda 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.
The shares of
of the Group are listed at the Nairobi Stock Exchange and are cross-listed at the
as well as the , 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:
with 44.66 percent.
Alpine Investments Limited with 10.15 percent.
with 3.44 percent.
John Kibunga Kimani who had 1.54 percent shareholding.
with 1.07 percent.
Standard Chartered Nominees A/c KE17984, who controlled 0.91 percent
CfC Stanbic Nominee Limited with 0.81 percent shareholding.
NSE, . (31 March 2015). .
(NSE) 2015.
AKFED, . (2007). .
(AKFED) 2015.
Daily Nation Staff, . (2014). .
(Nairobi) 2015.
Ngigi, George (22 March 2016). . . Nairobi 2016.
Ngirachu, John (17 March 2016). . . Nairobi 2016.
USE (26 October 2016). . Kampala:
(USE). Archived from
on 25 April .
Dhahabu (10 September 2016). . Nairobi: Dhahabu.co.ke 2016.
- The official website for The Citizen Tanzania newspaper
- The official website for Mwananchi Tanzania Newspaper
- The official website for Mwanaspoti Tanzania newspaper
- The official website for Mwananchi Communications Ltd, its subsidiary in TanzaniaSkip to Content
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