Nation Media Group

NMG was founded in 1959 by Aga Khan IV as East African Newspapers (Nation Series) Ltd,{{cite web | title=Breaking News, Kenya, Africa, Politics, Business, Sports | website=Bizna Kenya | date=15 March 2021 | url=https://biznakenya.com/daily-nation-today/ | access-date=6 January 2024}} under the Aga Khan Fund for Economic Development. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM (now known as Nation FM).{{cite web|url=http://www.akdn.org/akfed_media.asp?type=p|title=Aga Khan Fund for Economic Development: Media Services|publisher=Aga Khan Fund for Economic Development|access-date=31 March 2015|date=2007|archive-date=8 April 2016|archive-url=https://web.archive.org/web/20160408072120/http://www.akdn.org/akfed_media.asp?type=p|url-status=dead}}

As of 2007 the group was the largest private media house in East and Central Africa, with offices in Kenya, Uganda, and Tanzania.{{update inline|date=January 2024}}

The group publications include:

• The EastAfrican
• Daily Nation
• Business Daily Africa
• Daily Monitor
• The Citizen
• NMG Investor Briefing
• Taifa Leo
• Zuqka.

The Daily Nation and its Sunday edition, the Sunday Nation, celebrated their 50th anniversaries in 2010, branded by the Nation Media Group as "50 Golden Years".{{cite web|access-date=31 March 2015|date=2014|url=http://www.nation.co.ke/meta/-/1194/1172/-/ojmv8c/-/index.html|title=Partial Listing of Nation Media Group Publications|newspaper=Daily Nation (Nairobi)}}{{cn|date=January 2024}}

Regional Presence

{{as of|2016}} NMG owned a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a Kampala-based radio station in Uganda. 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.{{cite web| date=22 March 2016 | url=http://www.nation.co.ke/business/Nation-Media-Group-keeps-dividend-as-earnings-lag/996-3128658-5w5r32z/index.html | title=Nation Media Group keeps full-year dividend level but profits lag |access-date=26 October 2016 | newspaper=Daily Nation | location=Nairobi | first=George | last=Ngigi}}

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.{{cite web|access-date=17 March 2016|date=17 March 2016|url=https://www.theeastafrican.co.ke/news/Aga-Khan-commissions-new-NMG-press/-/2558/3120910/-/item/0/-/2xghh2/-/index.html|title=Aga Khan commissions new 'Nation' press|newspaper=The EastAfrican|location=Nairobi|first=John|last=Ngirachu|archive-date=17 March 2016|archive-url=https://web.archive.org/web/20160317141836/http://www.theeastafrican.co.ke/news/Aga-Khan-commissions-new-NMG-press/-/2558/3120910/-/item/0/-/2xghh2/-/index.html|url-status=dead}}

The shares of stock of the Group are listed at the Nairobi Stock Exchange{{cite web|url=https://www.nse.co.ke/listed-companies/list.html|title=Nairobi Stock Exchange: Listed Companies|date=31 March 2015|access-date=31 March 2015|publisher=Nairobi Stock Exchange|archive-date=28 September 2020|archive-url=https://web.archive.org/web/20200928092308/https://www.nse.co.ke/listed-companies/list.html|url-status=dead}} and are cross-listed at the Uganda Securities Exchange as well as the Rwanda Stock Exchange, trading at all three bourses under the symbol "NMG".{{cite web|publisher=Uganda Securities Exchange (USE)|access-date=26 October 2016|location=Kampala|url=http://www.use.or.ug/inner.php?cat=lstcodir|title=Uganda Securities Exchange: Listed Securities|date=26 October 2016|url-status=dead|archive-url=https://web.archive.org/web/20150425222114/http://www.use.or.ug/inner.php?cat=lstcodir|archive-date=25 April 2015}} {{asof|December 2014|post=,}} 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.{{cite web | url=http://www.dhahabu.co.ke/2015/09/10/top-ten-nation-media-group-shareholders/ | title=Top ten Nation Media Group shareholders | access-date=26 October 2016 | date=10 September 2016 | location=Nairobi | author=Dhahabu | publisher=Dhahabu.co.ke | archive-date=27 October 2016 | archive-url=https://web.archive.org/web/20161027060636/http://www.dhahabu.co.ke/2015/09/10/top-ten-nation-media-group-shareholders/ | url-status=dead }}

• 2021 IF Design Awards for an outstanding digital platform{{Cite web |title=Nation Media Group bags two awards at the 'Oscars of Design' – The Nation Media Group |url=https://www.nationmedia.com/news/nation-media-group-bags-two-awards-at-the-oscars-of-design/ |access-date=2022-08-05 |language=en}}
• 2021 Global Media Awards (by the International News Media Association (INMA)){{Cite web |title=Nation Media Group Brands Win Six Global Awards – The Nation Media Group |url=https://www.nationmedia.com/news/nation-media-group-brands-win-six-global-awards/ |access-date=2022-08-05 |language=en}}
• 2022 Global Media Awards{{Cite web |title=NMG wins top award in 2022 Global Media Awards – The Nation Media Group |url=https://www.nationmedia.com/news/nmg-wins-top-award-in-2022-global-media-awards/ |access-date=2022-08-05 |language=en}}

• List of newspapers in Kenya
• List of newspapers in Tanzania
• List of newspapers in Uganda

{{Reflist|30em}}

• {{Official website|http://www.nationmedia.com }}
• [http://www.africanfinancials.com/Report.aspx?afr_year=2008&CountryDOMAIN=ke&CshortName=NMG 2008 annual report] {{Webarchive|url=https://archive.today/20130116095829/http://www.africanfinancials.com/Report.aspx?afr_year=2008&CountryDOMAIN=ke&CshortName=NMG |date=16 January 2013 }}
• [http://www.thecitizen.co.tz/ The Citizen newspaper website] – the official website for The Citizen Tanzania newspaper
• [http://www.Mwananchi.co.tz/ The Mwananchi newspaper website] – the official website for Mwananchi Tanzania Newspaper
• [http://www.Mwanaspoti.co.tz/ The Mwanaspoti newspaper website] – the official website for Mwanaspoti Tanzania newspaper
• [http://www.mcl.co.tz/ Mwananchi Communications Ltd website] – the official website for Mwananchi Communications Ltd, its subsidiary in Tanzania

{{Agha Khan Fund for Economic Development}}

{{Media in Kenya}}

{{Authority control}}

Category:Newspapers published in Kenya

Category:Mass media in Nairobi

Category:Companies listed on the Nairobi Securities Exchange

Category:Companies listed on the Uganda Securities Exchange

Category:Companies listed on the Rwanda Stock Exchange

Category:Mass media companies established in 1959

Category:Kenyan companies established in 1959