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Nation Media Group Limited

Nation Media Group Limited

The Nation Media Group (NMG) has been an integral part of Kenya’s public life for more than half a century. NMG was founded by His Highness the Aga Khan in 1959 to promote the interst of the African majority in the run-up to independence from colonial role in December 1963. Its first newspaper, The Nation rolled of the press on March 20, 1960 as the voice for the majority African population. Since its inception todate, NMG has become the largest private media in East and Central Africa with offices in Kenya, Uganda, Rwanda and Tanzania. Its headquarters are in Nairobi and it is listed in the Nairobi Stock Exchange.

Especially since 1990s, the NMG has witnessed dynamic expansion of its businesses and capital development, entered the broadcast as well as online market, and also turned its attention to its neighbours in Uganda and Tanzania.

NMG today has business in publication, printing and distribution of newspapers and magazines, radio and television broadcast, film, entertainment and digital online products in the East African countries of Kenya, Uganda, Rwanda and Tanzania.

The Group’s brands in Kenya include, among others, The Daily Nation and its Sunday edition Sunday nation, Business Daily, The East African, Taifa Leo, Nation Television (NTV), QFM, Nation Hela, and Nation FM. Its brand in Uganda are the Daily Monitor, Nation Television Uganda (NTV Uganda), Sparks, and KFM, a Kampala based radio station. The Group’s brands in Tanzania are, among others, Mwananchi and The Citizen.

NMG’s commited early to high press standards: during the International Press institute general assembly in 1981, the Aga Khan called for responsible leadership, exchange of managerial, editor technical know-how and editorial expertise as a way to enhance the quality of journalism and promoted international exchange of journalists.

In 2018, eight leading newspaper columnists have resigned from Kenya's largest media group, citing a "loss in editorial independence". In a joint statement, they suggested the Kenyan government interfered in the Nation Media Group (NMG).

Representatives in Tanzania are Richard Shaba and George Mathew Kilindu according to the company profile at BRELA for Nation Media Group Tanzania Limited. The mother company, registered in Kenya is owned by Aga Khan Development Network Foundation (44.7%). The remaining shares belong to investment companies (Alpine Investments Ltd.= 10.1%, Jubilee Holdings Ltd. = 1.20%, Old Mutual Investment Group (Pty) Ltd. 0.70%, Parametric Portfolio Associates LLC=0.62%, Norges Bank Investment Management) and to John Kibunga Kimani (1.82%)

Key facts

Mother Company

Nation Media Group, based in Kenya, Funded by and owned by Aga Khan Development Fond

Business Form

Private

Legal Form

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Business Sectors

NMG runs 69 media brands in four countries; part of Aga Khan Development Network (active in Agriculture and food security, Architecture, Civil society, Culture , Education, Enterprise development, Financial inclusion, Habitat, Health, Historic cities, Humanitarian assistance, Industrial development, Infrastructure development, Media, Music, Tourism promotion)

Ownership

Individual Owner

Aga Khan

Prince Shah Karim Al Hussaini, Aga Khan IV, is the spiritual leader of the world’s 15 million Ismailis, who follow a branch of Shia Islam. He is also a philanthropist who runs one of the world largest private charities - the Aga Khan Development Network, which funds and operates Nation Media Group.

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Media Outlets
Other Media Outlets

Other Print Outlets

Mwananchi

Other TV Outlets

NTV Uganda

Other Radio Outlets

93.3 KFM (Uganda)

Other Online Outlets

www.nation.co.ke

Facts

Media Business

Publishing

Mwananchi Communications Limited (Tanzania)

Broadcast

NTV Limited

Digital

Swahili Hub (A Swahili new site affiliated with Taifa Leo and Mwananchi featuring news, language lessons, blogs, picture and video galleries)

Business

Following organisations operate globally:

AKA

Aga Khan Academies

AKAH

Aga Khan Agency for Habitat

AKAM

Aga Khan Agency for Microfinance

AKES

Aga Khan Education Services

AKF

Aga Khan Foundation

AKFED

Aga Khan Fund for Economic Development

AKHS

Aga Khan Health Services

AKTC

Aga Khan Trust for Culture

AKU

Aga Khan University

UCA

University of Central Asia

General Information

Founding Year

1959

Founder

His Highness Aga Khan - he is the 49th hereditary Imam (spiritual leader) of the Shia Ismaili Muslims. In the context of his hereditary responsibilities, His Highness has been deeply engaged with the development of countries around the world for more than 60 years through the work of the Aga Khan Development Network (AKDN). AKDN runs amongst others NMG.

Employees

Missing Data

Contact

Headquarters:

Phone: 020-3288000, 0719-038000, 0732-038000

Email: customercare@ke.nationmedia.com

Physical Address: Nation Centre,

Kimathi Street, P. O Box 49010-00100,

GPO, Nairobi, Kenya

 

In Tanzania: Mwananchi Communications Limited (MCL)

Plot no: 34/35 Mandela Road

P.O.Box 19754 Dar es Salaam

Tel.: +255754780- 647

Fax: 022 22 248 75

Tax/ ID Number

BRELA incorporation n°: 38687

Financial Information

Revenue (Financial Data/ Optional)

10,624.9 in million Shs

Operating Profit (in Mill. $)

1,954.6 in million Shs

Advertising (in % of total funding)

Avertising revenue: 7,087.4 million Shs / Circulation revenue: 3,053.8 million Shs

Management

Executive Board

Executive Board Mother Company:

Non-Executive Board

Directors Tanzanian Branch:

Other Influential People

Non-executive Board Mother Company:

Further Information

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

4 ♥

Meta Data

Ownership information available at the website. Company profile requested at BRELA, still pending.

  • Project by
    Media Council of Tanzania
  •  
    Reporters without borders
  • Funded by
    BMZ