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MEDIA

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.

Standard Group Employees – Young And Old – Scramble For Voluntary Early Retirement Offer

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.

Former Chamwada Report TV Presenter Makes a Comeback

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 Appoints Jared Ouma As Its New Commercial Director

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...

Loss-Making Standard Group Hints At More Staff Layoffs To Stay Afloat

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 Sets Off Recovery With Resumption Of Full Salaries

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.
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