Tag: Media Industry
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.
In 2020, Kenya experienced a 28% dip in advertising revenues as outdoor advertising fell sharply after companies cut spending during the Covid-19 pandemic. “This year, not surprisingly, the twin forces induced by COVID-19 — economic disruption and powerful shifts in consumer behaviour — challenge our underlying assumptions and frame our insights," the report says.
Citizen TV news anchor Victoria Rubadiri cuts the image of the calm, humble and collected lady. Unlike other publicity-hungry media personalities, she prefers to...
NMG says it has been a difficult period for advertisers across the regions where it has a presence, complicated by the Covid-19 pandemic.
Most of the employees fired include those who signed the petition to oppose the pay cut announced on 18th April.
The arrangement is part of Mediamax Network’s latest restructuring as revenues shrink due to Covid-19 effects.
Radio Africa Group says while it paid March salaries, it is seeing a major loss in advertising revenue from April that will impact revenues.
Those working at the head office were given a one-month notice on 24th January and are expected to leave the company on 23rd February.
Stay in touch:
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.
PERSON OF INTEREST
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.