Tag: Standard Media


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.

Record Loss Pushes Standard Group To The Brink

The Standard, had its loss balloon to Ksh1 billion for the period ending December 2022, from just Ksh22 million in 2021. It's the biggest loss in its over 120-year history.

Turning a New Page, NMG Officially Shifts to a Digital Media Company

Barely a month after laying off staff, Kenya’s leading media is finally executing what it has been singing for over the past five years.

Media Council Fee Waiver Saves Media Houses Sh10 Million in Fees

The decision to implement the waiver was reached during a Special Council Meeting on Friday 5th June, 2020 where the governing body of the MCK.

Standard Group Swings Back into Loss Making

Turnover dropped 14% to at Ksh4.1 billion in 2019 compared to Ksh4.8 billion in 2018 due to a decline in performance across key brands.

Covid-19 Leave for Nation Journalists Raises Layoff Fears

Mutuma said in the circular the editorial department had prepared a schedule for working from home, office or taking leave.

Pay Cut Pains For Jeff Koinange and Other Citizen TV Celebrities

Covid-19 appears to have given RMS a perfect opportunity to implement cost-cutting options it has been toying with over the past few months.

NMG Set to Knock Off Five More Journalists

NMG, Kenya’s leading media house, has been forced to cut costs by reducing its payroll to remain afloat in a fledgling media industry.

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