• Nation Media Group
  • XUGA:NMG KAMPALA/Uganda
  • 4050.00 UGX
  • 0.00 0.00%
  • As of 2017/05/26
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  • About the Company
  • Nation Media Group is the largest independent media house in East and Central Africa and is listed on the Nairobi , Dar es Salaam, Uganda and Rwanda Securities Exchange.
  • Nation Media Group is a media house in East and Central Africa with operations in print, broadcast and digital media.

    The Company is engaged in publication, printing and distribution of newspapers and magazines, radio and television broadcasting, and digital online products, in the East African countries of Kenya, Uganda, Rwanda and Tanzania. The Company’s operating segments include Newspapers & Magazines, and Broadcasting.

    The Company’s brands offered in Kenya are Daily Nation, Business Daily, The East African, Taifa Leo, NTV, QFM, Nation Hela and Nation FM, among others. The Company’s brands offered in Uganda are Daily Monitor, NTV Uganda and KFM, among others. Its brands offered in Tanzania are Mwananchi and The Citizen, among others.

    The Company operates various Websites, including www.nation.co.ke, www.theeasteafrican.com, www.businessdailyafrica.com, www.swahilihub.com, www.nairobinews.co.ke and www.jobs.n-soko.com.

    Website

    www.nationmedia.com

    Address

    P.O. Box 49010-00100
    Nairobi, 00100
    Kenya

flip phone to landscape for better view
After a low of $149m in net revenues in 2013, net revenues have grown 7.7% this year slower than last year when they grew at 10%. With this growth they have not recovered to their 5-year peak of £170m
Revenue per year in US $ The higher, the better.
Profits have increased for the last 3 years $47.3m but have not recovered to peak of $51.8m in 2012
Profits per year in US $ The higher, the better.
Profit margins have remained below 30% despite increase in profits indicating a struggle to keep control of costs.
Profit Margin compared to competitors The higher, the better.
Stanbic has maintained return on assets above 3% which is double the global average but is still below the local average.
Management of Assets compared to competitors The higher, the better.
Costs as a percentage of revenue is at 62.82% significantly lower than its peak of 69.85% in 2013. This cost percentage is a lot better than the local average but worse than African average.
Management of Costs compared to competitors The lower, the better.
Cash generation by Stanbic has halved since 2012 but better than 2013 when cash generation was negative due to increased losses in government securities.
Cash Generation compared to competitors The higher, the better.
Assets are currently 90% financed by banks, this may seem high but is similar for both local and African banks. This dependence on debt has reduced slightly over the last few years
Level of Debt compared to competitors The lower, the better.
Stanbic Bank can comfortably cover its immediate debts similar to all local banks. The margin between the liquid assets and current liabilities for Stanbic is lower than other local banks but this has been driven by a drastic increase in customer deposits.
Ability to pay debt compared to competitors The higher, the better.
The available cash (working capital) has increased by 70% over the last 5 years from $112m to $191m. This shows that Stanbic has become more efficient and healthier. This enables that Stanbic to invest more money within the business.
Liquidity/Cash Availability compared to competitors The higher, the better.
Revenues have grown slower than other local banks but the growth in profits has been faster than its local peers. In 2013, Stanbic experienced a 12% drop in profits and 33% drop in revenues, similar to other local banks - this drop in earnings was due to slowdown following the 2011 Ugandan election.
Revenue Growth compared to competitors The higher, the better.
Profit Growth compared to competitors The higher, the better.
Stanbic continues to have pay out the highest level of dividends in Uganda and Africa. Currently Stanbic pays out 3% of its share price but this is half of what it paid out the previous year. This is different from other local banks where dividends have gone back.
Despite Stanbic having high levels of dividend, this drop in dividend yield raises concern about how long this will be sustained.
Return on Equity compared to competitors The higher, the better.
Dividend Yield compared to competitors The higher, the better.
Stanbic Uganda has increased the investment in the business since 2011, and is doing it at the highsest levels both locally and in Africa.
Level of Investment per year in US $ The higher, the better.
Investment Ratio compared to competitors The higher, the better.

The Nation Media Group has partnered with Mount Kenya University to host the International Conference on Peace and Security.

The conference will be held from the May 16 to 19 at Safari Park Hotel.

“As an organization we are very happy to be the media partner for the international conference on security and social enterprise,” said Joe Muganda, the Nation Media Group chief executive.

Panellists at the conference will include speakers United States and the United Kingdom.

“As a university we have a responsibility to the society, and these include looking at the challenges and trying to find ways to mitigate those challenges. And we may not be able to do it ourselves, but we have the ability to influence,” says Dr Vincent Gaitho vice chairman at Mount Kenya University.

He added: “The conference will be an excellent platform to examine past and current approaches to peace with a view of identifying viable options to address the emerging challenges in security matters and embrace the available opportunities”.The theme of the conference is ‘ Peace, Security and Social Enterprises for Sustainable Development ’.

Nation Media Group in collaboration with the University of Nairobi has launched a platform where professionals, stakeholders, leaders and Kenyans will get an opportunity to discuss issues related to development.

The platform, dubbed NMG Leadership Forum, seeks to encourage dialogue on key issues affecting the country such as economy, agriculture, health, governance and financial markets.

Speaking during the launch of the inaugural session of the leadership forum at the university’s Manu Chandaria Centre on Monday evening, NMG chief executive Joe Muganda said the main objective of the gathering was to have conversations that will allow leaders to take ideas for betterment of the country.

“The NMG Leadership Forum is a concept to help us talk with one another rather to each other,” said Mr Muganda.

UoN Vice-Chancellor Peter Mbithi said the forum would not be a talk show but a place for serious conversations aimed at shaping the destiny of the country.

“We together have to be part of the solution. This is a series of conversations that will involve decision makers, the academia, leaders and all like-minded people,” said Prof Mbithi.

Monday’s forum, which was aired live on NTV from 7.30 pm-9 pm, focused on water and food security and brought together key stakeholders and leaders who included Agriculture, Livestock and Fisheries Cabinet Secretary Willy Bett and his Water and Irrigation counterpart Eugene Wamalwa, Red Cross Secretary-General Abbas Gullet and FAO programme coordinator Robert Allport.

Nation Media Group is a media house in East and Central Africa with operations in print, broadcast and digital media.

The Company is engaged in publication, printing and distribution of newspapers and magazines, radio and television broadcasting, and digital online products, in the East African countries of Kenya, Uganda, Rwanda and Tanzania. The Company’s operating segments include Newspapers & Magazines, and Broadcasting.

The Company’s brands offered in Kenya are Daily Nation, Business Daily, The East African, Taifa Leo, NTV, QFM, Nation Hela and Nation FM, among others. The Company’s brands offered in Uganda are Daily Monitor, NTV Uganda and KFM, among others. Its brands offered in Tanzania are Mwananchi and The Citizen, among others.

The Company operates various Websites, including www.nation.co.ke, www.theeasteafrican.com, www.businessdailyafrica.com, www.swahilihub.com, www.nairobinews.co.ke and www.jobs.n-soko.com.

Website

www.nationmedia.com

Address

P.O. Box 49010-00100
Nairobi, 00100
Kenya

Kampala — The interconnectedness of the Uganda Securities Exchange (USE) to the Nairobi Securities Exchange (NSE) has a lot to do with the dismal market performance in 2016.

The market had started the year with a capitalisation of Shs24.5 trillion but by Wednesday December 28, with only two days left to trading, it had fallen to Shs20.3 trillion.

The USE has eight cross-listed firms from the NSE, especially on account of commercial banks in Kenya losing value in their shareholding. Kenya Airways, Jubilee Holdings, Centum Investments, KCB Group, Equity Group, UCHUMI, Nation Media Group and East African Breweries are the eight cross-listed companies.

Cross-listing refers to where company shares are floated on a different stock exchange – in this case, a foreign country – after being listed on the primary stock exchange. In this case, the eight Kenyan companies are listed on the primary market (NSE) but cross-listed on the secondary market (USE).

These companies do have subsidiaries that do business in Uganda.

Capping interest rates On August 24, 2016 president Uhuru Kenyatta signed into law a law that allows Kenya to cap interest rates.The following day, listed Kenyan banks saw the value of their shares tumbled sending the stock markets in Kenya […]

NMG,  Kenya Commercial Bank (KCB), I&M Bank and Equity Bank have outperformed their listed peers in capital gains at the Nairobi bourse since mid-February, riding on healthy dividends and positive corporate announcements.

Banks over the past six weeks, been releasing their full-year results. In the period, the KCB share has gained 28.2 per cent to Sh33, Equity is up 21.5 per cent to Sh32.50 and I&M Bank 20.1 per cent to Sh92.50.

KCB announced three weeks ago it will pay shareholders a dividend of Sh3 per share for the 2016 financial year, up from Sh2 per share in 2015. This was despite reporting a flat net profit of Sh19.7 billion for the year.

The Sh9.1 billion total dividend pay-out is the largest ever by a financial services firm in the country.

“The rebound in some bank stocks is a reaction to the full year 2016 results which have raised investors’ appetite due to the improved dividend yields,” said Kingdom Securities senior analyst Mercyline Gatebi.

“However, the price rebound is likely to be short-term in nature as the fundamentals don’t support the same. 

The Government has launched a complaint against the Nation Media Group (NMG) for alleged skewed reporting and defamation.

Information Communication Cabinet Secretary Joe Mucheru said the government takes great exception with the manner in which the media Group depicted the government as corrupt, inept and made up of thieves in their news based on an interim audit report from the Ministry of Health.

In a press briefing at his Telposta Towers Boardroom today, November 2, 2016 Mr. Mucheru said he was forwarding an official government complaint to the Media Council of Kenya (MCK) to seek justice and hold the media Group to account for alleged defamation and character assassination.

Mr Mucheru said in view of the concerns over the story, the government demand that the Media Complaints Commission take action against NMG for slanderous and false reporting.

The Cabinet Secretary added that the Business Daily and NTV in particular should apologize with the same prominent coverage that they had given the original story.

He said the publications should be compelled to produce evidence of the alleged theft of Ksh. 5.3 billion contained in their newspaper report.Last week, The Business Daily and its sister Publication NTV carried stories alleging the public officers in the Ministry […]

PHOTO | FILE | NATION MEDIA GROUP
East African countries have recorded an increase in telecommunications traffic attributed to the One Network Area agreement.

According to the latest data from the Communication Authority of Kenya (CA), there has been an increase in mobile phone traffic of 16.9 per cent to 19.1 million minutes, up from 16.3 million minutes posted during the past quarter.

“The increase in traffic within East Africa can be attributed to the opening up of the East African Community borders and increased activities under the Northern Corridor integration projects,” CA said in its third quarter report.

Kenya, Uganda and Rwanda hammered out the One Network Area agreement under the Northern Corridor Infrastructure Integration Framework, which also includes non-EAC member South Sudan. Previously, East African residents had to pay very high cross-border calling rates due to numerous duties imposed by individual governments.

“We believe that the reduced calling rates will improve communication and stimulate growth in the telecommunications sector, which has become an important contributor to member countries’ gross domestic product,” Kenya’s Information Cabinet Secretary Fred Matiangi said during the signing of the agreement.

The One […]

Kenya’s broadcasting industry is facing uncertainty over availability of local content ahead of the switch from analogue to digital television system.

The migration is expected to trigger huge demand for local content, with regulation in place that requires media houses to have at least 60 per cent local content in their productions.

Players in the film industry are, meanwhile, grappling with financial challenges as they prepare for the anticipated surge in demand for local content. (more…)

Home Business Business Share Bookmark Print Rating The High Court in London has granted money transfer company Dahabshiil an interim injunction preventing Barclays Bank UK from terminating its banking services to the company, granting a reprieve to the families in East Africa, particularly in Somalia, which relies on its Diaspora remittances. Photos/FILE The High Court in London has granted money transfer company Dahabshiil an interim injunction preventing Barclays Bank UK from terminating its banking services to the company, granting a reprieve to the families in East Africa, particularly in Somalia, which relies on its Diaspora remittances. Photos/FILE  NATION MEDIA […]