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).
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.
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.
GlobeTrack is the only sub-Saharan Africa media measurement solutions provider shortlisted for the coveted 2023 AMEC Global Communication Effectiveness Awards.
Standard Group, grappling with self-inflicted financial woes, has offered its staff the option of voluntary early retirement as a way to cut costs and shore up revenues.
Hot on the heels of rebranding and acquiring new talents in the editorial department, TV47 has partnered with Elijah Mwangi Anchor Bay Productions to bring a new perspective into the agricultural landscape.
Cape Media Ltd has appointed Jared Ouma as its new Commercial Director. Ouma has previously worked as a Business Manager at Royal Media Services and...
Standard Group, which runs Kenya’s second biggest newspaper, continued to swim in red ink after recording another loss for the half-year ended 30th June 2023.
Standard Group CEO, at a meeting held on Wednesday, revealed that new operational structures are being worked on across the organisation to increase efficiency and weed out non-performers.
Board attributed the decline in NMG profit 2023 to the rise in the cost of imported raw materials, especially newsprint which is it the main input in newspaper production, and the depreciation of the Kenya shilling against the US dollar.
The Standard Group CEO staff communication meeting, scheduled for Wednesday 16th August 2023, is expected to be a turning point for Standard Group, Kenya’s second biggest newspaper company that is facing financial difficulties.
Kenya's Ministry of Tourism, Wildlife, and Heritage has reached out to media houses to showcase Kenya's breathtaking landscapes, unique wildlife, and rich cultural heritage and market them to the world.
Cyprian Nyakundi: The self-made digital journalist with a huge following social has a nose for scandal – and when he finds one, he can be unforgiving.
PR Industry: Newmark Group Limited, a leading Pan-African Integrated Marketing Communications firm, held a webinar session with leading Pan-African experts from public relations and media to address the growing threat of disinformation and its adverse impact.
Nation Media Group (NMG) has over the past two weeks been silently laying off employees, including journalists, as it consolidates its operations into a converged newsroom.
I have certainly learnt many lessons during my time at the Standard Group. I made lifetime friends, discovered myself and built a foundation for my next role.
The Standard Group has come face to face with a monster that largely afflicts public service entities: ghost workers.
Standard Group Digital Editor Carole Kimutai has left the company after six years helming Standard Group's online editions.
NMG is planning to further cut journalists from its payroll, barely six months after laying off a number of employees.
"I have done interviews with sitting Presidents, I have travelled and covered Kenya's maiden entry into war in Somalia, I've read the news, I've done different types of stories...I've done it all," he noted.
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The lack of a long-term vision and inadequate resourcing of mental hospital infrastructures continues to take a toll on Kenya’s mentally ill patients.
This strategic move is in line with indaHash vision to cement its presence in Africa, following its impactful footprint in South Africa since 2017 and successful collaborations with clients like the South African Tourism Board.
Running from December 4th to 25th, the SportPesa campaign promises daily excitement with six lucky winners expected to walk away with Ksh5,000 daily.
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Captain William Kipkemboi Ruto is officially known by the name William Ruto, which also happens to be President William Samoei Ruto’s official name.
With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.