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MEDIA

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Star Newspaper Beats Nation and Standard to Clinch Sh360M Gov’t Deal

The Star newspaper, published by Radio Africa Group, won the tender to distribute the government-owned MyGov weekly newspaper insert.

Angry Standard Group Employees Wrestle With Auctioneers

In what looked like a movie, Standard Group employees moved to stop the auctioneers from carrying away the seats.

Auctioneers Holding Standard Group at Ransom

So bad is the situation at Standard Group that any money that comes in falls into the hands of creditors.

Bad News for Standard Group Investors

Standard Group shares could sink deeper as the company struggles with a growing vortex of challenges.   

Standard Pushes Out 40 Employees Through Early Retirement

In a memo issued on 5th October 2023, the media house said it was offering an attractive package for employees willing to take up voluntary early retirement (VER).

NMG Profit Warning: Going Gets Tougher For Kenya’s Biggest Newspaper Company

Issuing the NMG Profit warning on 26th October 2023, the board listed a number of reasons for the expected drop in earnings by at least 25%, including higher taxes and the free fall in the value of the Kenya shilling.

Gloom Hangs Over Standard Group Ahead Of CEO Meeting

The meeting comes at a time when a dark cloud hangs over Standard Group, once a successful media house, as financial constrains weigh heavy on its shoulders.

Kenya’s Media Monitoring Firm GlobeTrack Shortlisted For International Awards

GlobeTrack is the only sub-Saharan Africa media measurement solutions provider shortlisted for the coveted 2023 AMEC Global Communication Effectiveness Awards.
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