Tag: NMG
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.
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.
NMG Half-Year Profit Plunges To Worrying Level, Board Cuts Off Dividend
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.
Silent Cries As NMG Fires Journalists For The Second Time In a Year
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.
NMG To Lay Off Editors And Reporters Who Can’t Fit In a Joint Newsroom
NMG is planning to further cut journalists from its payroll, barely six months after laying off a number of employees.
NMG Swiftly Fixes Salaries Mixup After BT Report
NMG on Friday moved swiftly to sort a salary processing mix-up that was touching off disquiet in the newsroom, just hours after Business Today reported on the issue.
Nation’s Govt Advertising Millions Under Threat
In a tweet laced with expletives, Kuria hinted at stopping government advertising with Kenya's largest media company, stating that they could still advertise "auctioneers and funeral announcements."
Payroll Error At Nation Media Leads To a Mixup In Salaries
There was a scare at Nation Media Group (NMG) last week after a section of employees received wrong salary amounts in their accounts, while others missed out completely.
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HEALTH
Whipped and Stripped! A Survivor’s Tale of Harrowing Brutality in a Mental Hospital
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.
BUSINESS
Dubai Agency Picks Top Influencer Marketers to Lead Kenyan Operation
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.
SPORT
SportPesa to reward Customers in Cash-Filled Festive Promotion
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 Ruto: President’s Namesake With a Decorated Career
Captain William Kipkemboi Ruto is officially known by the name William Ruto, which also happens to be President William Samoei Ruto’s official name.
SMART MONEY
Amazing Origin of ‘Pesa’ and How Shilling Overtook Foreign Currencies
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.