Nation Media Group Limited 2023 Annual Report

Nation Media Group Limited ( 2023 Annual Report

By Published On: June 6, 2024TYPE: Annual ReportsYear: 2023Period: Country: UgandaSector: Paper & Packaging

Nation Media Group Limited ( listed on the Uganda Securities Exchange under the Paper & Packaging sector has released its 2023 annual report.

For more information about Nation Media Group Limited ( reports, abridged reports, interim earnings results and earnings presentations visit the Nation Media Group Limited ( company page on AfricanFinancials.

Nation Media Group Limited 2023 annual report

Company Profile

Nation Media Group (NMG) Limited operates as an independent media house in East and Central Africa. Through its subsidiaries, NMG publishes, prints and distributes a variety of newspapers, magazines and online publications as well as manages radio and television broadcasting operations in Kenya, Uganda, Rwanda and Tanzania. It also provides courier and third-party printing services. Group publications include The EastAfrican, Daily Nation, Sunday Nation, Business Daily Africa, Daily Monitor, The Citizen, NMG Investor Briefing, Taifa Leo and Zuka. NMG owns a 76.5% stake in Monitor Publications Limited and 93.3% stake in KFM, a Kampala-based radio station in Uganda. It owns two television stations; NT Uganda and Spark TV and has a 60% stake in Mwananchi Communications Limited in Tanzania. In 2016, NMG commissioned a state-of-the-art printing press in Nairobi which has capacity to print 86 000 newspapers per hour. Nation Media Group Limited is listed on the Uganda Securities Exchange