The Nairobi Securities Exchange (NSE) opened the year on the up in Monday’s trading, largely buoyed by a gain in the Safaricom #ticker:SCOM stock. The telco, which accounted for 57 percent traded turnover at the market Monday, saw its price rise by Sh0.20 to Sh38.15 on the back of high demand by foreign investors. Other […]
Tag: XNAI_NMG
NSE kicks off year with gain on jump in traded turnover
The Nairobi Securities Exchange (NSE) opened the year on the up in Monday’s trading, largely buoyed by a gain in the Safaricom #ticker:SCOM stock. The telco, which accounted for 57 percent traded turnover at the market Monday, saw its price rise by Sh0.20 to Sh38.15 on the back of high demand by foreign investors. Other […]
Switch TV Ceases On-Air Broadcast
A promotional poster of Switch TV’s new presenter lineup. Switch TV is making a radical change in its business model that will see it transition from on-air to digital broadcast. The media house stated that it will be ceasing on-air broadcast operations. In a statement dated Friday, December 10, the media group Chairman, Sahil Shah, […]
Switch TV Ceases On-Air Broadcast
A promotional poster of Switch TV’s new presenter lineup. Switch TV is making a radical change in its business model that will see it transition from on-air to digital broadcast. The media house stated that it will be ceasing on-air broadcast operations. In a statement dated Friday, December 10, the media group Chairman, Sahil Shah, […]
Top 40 Under 40 Women’s big day in city
Nation Media Group #ticker:NMG held a glamourous brunch on Saturday to celebrate Top 40 Under 40 Women finalists. Now in its 13th year, the Top 40 Under 40 project honours outstanding women in different spheres of the economy from sports, creatives, medicine, law, to social entrepreneurship. The 40 awardees shared the joys, concerns, and anxieties […]
Flowers Rot in Farms Over Standoff With Kenya Airways
A government policy that favours struggling national carrier Kenya Airways (KQ) against its cheaper competitors to transport fresh produce to other countries continues to hurt other exporters. They have complained about the lack of capacity on KQ to ferry their produce and the airline’s expensive airfreight charges. They now fear they could be forced in […]
CMA bars ailing companies from share buybacks
The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]
CMA bars ailing companies from share buybacks
The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]
Rwanda: Performance of Rwanda Media Development Indicator Drops
The Rwanda Media Barometer (RMB) 2021 has indicated that the media development and professional capacity indicator scored 62.4 per cent, the least performance compared to other indicators it considered. This media development and professional capacity performance implies a 10 per cent drop compared to the previous RMB which was published in 2018 in which it […]
NMG-U to unveil new monitor website
By our reporter Nation media Group- NMG Uganda will tomorrow launch a new and refreshed website for its flagship title, the Daily Monitor newspaper as the first of the many steps in the company’s digital transformation journey. The website which will go live at midnight tonight will incorporate content types from across the group’s media […]