Nation Media Kenya shareholders on the Company’s Register of Members as of 17th June 2022 to receive a Dividend Payment of KES 1.5 per share on 29th July 2022 For the latest key economic events use our free ECONOMIC CALENDARDividend AmountKES 1.5Dividend TypeCash DividendEx-Dividend / Book Closure17th June 2022Payment Date29th July 2022
Tag: XNAI_NMG
Mdundo counts 31 million active users in Q1
Mdundo head of brand partnerships Rachel Karanu. Nigeria and South Africa registered the biggest quarterly growth with 8.3 million and 2.2 million users, which represents a 92% and 80% spike in each market respectively. Kenya’s user base grew by 46% to 5.7 million users, while the Tanzanian market grew by 10% to 3.9 million. Several […]
Kenya moves to reduce interest on foreign debt
Kenya is reviewing the currency composition of its external debt in order to reduce currency volatility that has seen the cost of its dollar-denominated loans increase by two percent in four months. Haron Sirma, director-in-charge of Debt Management at the Treasury, said the proposal is aimed at reducing foreign exchange costs.“On the external debt stock, […]
Kenya moves to reduce interest on foreign debt
Kenya is reviewing the currency composition of its external debt in order to reduce currency volatility that has seen the cost of its dollar-denominated loans increase by two percent in four months. Haron Sirma, director-in-charge of Debt Management at the Treasury, said the proposal is aimed at reducing foreign exchange costs.“On the external debt stock, […]
How I Lost a Ksh30 Million Deal – Jimmy Gathu
Photo collage of Spice FM Presenter Jimmy Gathu Spice FM radio presenter, Jimmy Gathu, has regretted losing a Ksh30 million deal which he attributed to a change in policies effected by the government. Speaking during an interview with Standard Digital , the veteran TV actor noted that he lost the deal years after retrenchment from […]
Kenya: Nation Media Group posts tenfold increase in full-year net profit
Nation Media Group ( NMG ) has recorded a tenfold increase in net profit to Sh493.1 million in the year ended December 2021 on recovery of business post Covid-19 pandemic. The region’s leading news organisation grew profits from 47.9 million on strong sales and advertising revenues. Total revenues rose 12 percent year on year to […]
Nation resumes dividend payout as full-year net income grows by 331pc
Nation Media Group Chairman Wilfred Kiboro speaks during the release of 2021 financial year results in Nairobi. PHOTO | JEFF ANGOTE | NMG Nation Media Group (NMG) has resumed dividend payment following a 331 percent increase in net income to Ksh584.7 million ($5.3 million) in the year ended December 2021 on recovery of business post […]
Kenya: Nation Media Group posts tenfold increase in full-year net profit
Nation Media Group ( NMG ) has recorded a tenfold increase in net profit to Sh493.1 million in the year ended December 2021 on recovery of business post Covid-19 pandemic. The region’s leading news organisation grew profits from 47.9 million on strong sales and advertising revenues. Total revenues rose 12 percent year on year to […]
Nation media Group posts tenfold increase in full-year net profit
Nation Media Group CEO Stephen Gitagama. FILE PHOTO | NMG Nation Media Group has recorded a tenfold increase in net profit to Ksh493.1 million ($4.2 million) in the year ended December 2021 on recovery of business post Covid-19 pandemic. The region’s leading news organisation grew profits from 47.9 million on strong sales and advertising revenues. […]
NMG posts tenfold increase in full-year net profit
Nation Media Group (NMG) #ticker:NMG has recorded a tenfold increase in net profit to Sh493.1 million in the year ended December 2021 on recovery of business post Covid-19 pandemic. The region’s leading news organisation grew profits from 47.9 million on strong sales and advertising revenues. Total revenues rose 12 percent year on year to Sh7.6 […]
