Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. 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 fac ...

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. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The sou ...

, 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 ...

. 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.

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 ...

'', '' Daily Nation'', '' Business Daily Africa'', '' Daily Monitor'', '' The Citizen'', ''NMG Investor Briefing'', '' Taifa Leo'' 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 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 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 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