Nation Media Group, also known as NMG, is a Publicly Owned entity headquartered in Kenya. Founded in 1959 by His Highness the Aga Khan, the company specializes in broadcast television and radio and employs approximately 1180 individuals. It reported $46.7M in revenue as of 2025 and is identified as a tier 2 media tech buyer. Functioning as a multi-media conglomerate in East and Central Africa, the company operates as a publicly traded enterprise cross-listed on four regional stock exchanges: the Nairobi Securities Exchange (NSE), the Dar es Salaam Stock Exchange (DSE), the Uganda Securities Exchange (USE), and the Rwanda Stock Exchange (RSE).

2025 Revenue

Founded

1959

Headcount

2,089

Headquarters

Kenya

Primary Segment

Broadcast television and radio

Ownership

Publicly Owned

News Summary:

On September 17, 2026, AMWIK raised concern over the low representation of women in senior editorial roles following Nation Media Group's (NMG) recent leadership restructuring, noting that only 3.7% of Managing Editor positions and 2.8% of media ownership roles in Kenya are held by women. This concern came as NMG appointed two senior Kenyan editors to oversee its Ugandan operations, naming Group Editor-in-Chief Joe Ageyo as Editor-in-Chief of NMG Uganda and Washington Gikunju as Acting Managing Editor. These appointments followed the company's reopening of its Ugandan outlets after a 39-day shutdown by authorities and were part of a broader editorial leadership reshuffle across East Africa that Group Chief Executive Officer Geoffrey Odundo announced on September 16. Previously, on August 31, Taarifa Ltd, owned by Tanzanian tycoon Rostam Aziz, completed the acquisition of AKFED’s 54.08% controlling interest in Nation Media Group. This acquisition followed a sweeping board overhaul days earlier that introduced six new directors and saw four directors exit. Earlier, on August 29, Wilfred Musau, a banking executive and former National Bank of Kenya Managing Director and CEO, joined the NMG board as an Independent Non-Executive Director, bringing over two decades of experience in Kenya's banking sector.

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Nation Media Group offers 5 products in the media and telecoms services industry. Nation Media Group's product portfolio comprises of broadcast television and radio, search, social, and retail media and media and TV services.
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Nation Media Group's revenues were $46.7M in 2025. Caretta Research has split Nation Media Group's revenue into 5 different product categories, the largest of which is linear (thematic channel groups), which represents 47% of Nation Media Group's revenue.
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