Nation Media Group (abbreviated as NMG ) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda and Tanzania. In 1999, NMG launched NTV, news channels in Kenya, and FM Easy.
Video Nation Media Group
Gerai media
The publication groups include The EastAfrican , Daily Nation , The Daily Business of Africa , Daily Monitor /i>, Investor Briefing NMG , Taifa Leo and Zuqka . The Daily Nation and the Sunday edition of the same newspaper, Sunday Nation , celebrated their 50th anniversary, labeled by the Nation Media Group as 50 Years of Gold , in 2010.
NMG owns 76.5% interest in Monitor Publications Limited and 93.3 KFM, a Kampala based radio station in Uganda. It also has two television stations in the country, NTV Uganda and Spark TV. NMG also owns a 60% interest in Mwananchi Communications Limited in Tanzania. The East African subsidiary group, particularly the Tanzanian business, contributed significantly to the growth in the group.
In March 2016, NMG commissioned a new print media on Mombasa Road in Nairobi. The new facility has the capacity to print 86,000 newspapers per hour. It costs KSh2 billion (about US $ 20 million) and will print daily Daily Nation Business Daily , Taifa Leo and weekly The EastAfrican .
Maps Nation Media Group
The Group's shares are listed on the Nairobi Stock Exchange and listed on the Uganda Stock Exchange as well as the Rwandan Stock Exchange, trading on all three exchanges under the symbol "NMG". As of December 2014, there were a total of 10,436 shareholders in the company. Of these, 4,135, each holds 1 to 500 shares, with a cumulative total of 782,157 shares, which holds 0.41 percent of the company. The seven largest shareholders hold 62.57 percent of the total shareholding. These include:
- The Aga Khan Fund for Economic Development with 44.66 percent.
- Alpine Investments Limited with 10.15 percent.
- National Social Security Fund with 3.44 percent.
- John Kibunga Kimani owns 1.54 percent shareholding.
- Jubilee Kenya Limited Insurance Company with 1.07 percent.
- Standard Chartered Nomine A/c KE17984, which holds 0.91 percent
- CfC Stanbic Nominee Limited with 0.81 percent share ownership.
See also
- List of newspapers in Kenya
- List of newspapers in Tanzania
- List of newspapers in Uganda
References
External links
- Official website
- 2008 annual report
- Citizen newspaper website - Official website for The Citizen Tanzania newspaper
- Mwananchi newspaper website - Official website for Mwananchi Tanzania Newspaper
- Mwanaspoti newspaper website - Official website for Tanzanian Mwanaspoti newspaper
- Mwananchi Communications Ltd website - Official website for Mwananchi Communications Ltd, a subsidiary of Tanzania
Source of the article : Wikipedia
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