Tano Terror: Painful Restructuring At NMG
Newsroom Updated 1 min read
Nation Media Group headquarters
Nations Media Group (NMG) to sack 30 percent of their staff soon due to difficult economic times that the Aga Khan owned media house is experiencing.
According to an insider, the city based media house has severally lowered its profit against the expectations from the executive board and owner.
The high cost of taxation and less profit has prompted the media house to embark on an initiative that will see 30% of her employees sent packing.
According to an anonymous source, the newspaper is the publication that has been giving some reasonable income compared to the highly flooded NTV.
In the past years the media house closed some of its radio stations including Q FM, and Easy FM
More to follow.
https://nyakundireport.com/njoki-chege-to-leave-nation-media-group/
Support
Support this reporting
M-Pesa support recorded against this story.
Stay close
Get the briefing
Major updates by email. No spam.
Share
Save share card
Download a clean portrait card for sharing.
More from Nyakundi Report
Most read this week
2d · 1 min read
Probe Underway After Fatal Fall at Aga Khan University Hospital
by Nyakundi Report
2d · 15 min read
Elgon Group Payment Scandal: Luo Piny Festival Suppliers Expose CEO Mercy Wamoto in Ksh 105 Million Fallout
by Nyakundi Report
4d · 2 min read
US Congress Targets Kenya Over Alleged Recruitment for Russia's War
by Nyakundi Report
Jun 11 · 15 min read
The Kimalat Betrayal: How Land Fraudster Paul Waihenya and Havensfield Limited Sold Kenyans a Dream Investment That Turned Into a Costly Nightmare
by Nyakundi Report