Nation Media Group has become the centre of focus again ahead of a crucial staff meeting tomorrow, Friday 4th November, where the management is expected to announce a restructuring in which more employees are to be sent home.
he journalism side was led by Nick Wachira, who was now associate editor in charge of business reporting a NMG, while Cyrille Nabutola provided the management soundboard.
NMG earnings have been on a downfall over the past four years. In 2019, the group recorded a 23% drop in profit before tax to Ksh1.3 billion.
Rebecca Mbithi has been named as the new Family Bank Chief Executive Officer, replacing David Thuku who resigned in September last year. The appointment is subject to approval by The Central Bank of Kenya. Ms Mbithi is currently the Company Secretary and Director, Legal Services...
Business Today has learnt that board, which is chaired by Wilfred Kiboro, a former CEO at the media house, invited long-serving staffers to participate in an anonymous poll on what ails the media house