Nation Media Group Limited

The Monitor was started in 1992 and has grown from a basement operation to a multi-media consortium with offices spread across Kampala city. Besides the daily and Sunday Monitor papers, Monitor Publications Ltd. runs an FM radio station, 93.3 KFM. All these products have been re-launched in the past year to great success. Daily Monitor and Sunday Monitor are now the leading independent national newspapers in Uganda while KFM attained market leadership in Uganda’s crowded FM market.

The Nation Media Group has controlling shareholding in Mwananchi Communications Limited (MCL) of Tanzania. MCL publishes Kiswahili papers Mwananchi daily and Mwana Spoti a weekly all-sports newspaper. In September 2004, MCL launched an English daily, The Citizen which has taken competition by storm. The MCL has managed in its short history to develop into a major player in the media scene in Tanzania committed to editorial independence and journalistic excellence. The Nation group’s investment represents yet another milestone in the group’s efforts to be a truly regional company.

The Nation Media Group (NMG) founded by His Highness the Aga Khan in 1959 has become the largest independent media house in East and Central Africa. It has been quoted on the Nairobi Stock Exchange since the early 1970s. As the leading multi-media house in the East African region, it has print as well as electronic media and the Internet which attracts a regular readership quite unparalleled in the region. On the financial front, the Group’s performance over the years has been outstanding even in the leaner economic periods in the country and shows continuous growth and profits for the company as well as the shareholders.

2010