Safaricom suspends advertising on Nation Media Group platforms amid critical coverage
Kenya's largest telecom halts ads on major publications following critical reports on data privacy practices.
Kenya's largest telecom halts ads on major publications following critical reports on data privacy practices.
Aside from his interest in Jubilee Holdings, Aga Khan IV, also known as Mawlana Hazar Imam, owns a 48.67-percent stake in Nation Media Group.
The bump in the market value of Aga Khan IV’s stake in NMG reflects investors’ growing confidence and interest in the Kenyan equity market.
Among the beneficiaries of this remarkable dividend payout, John Kimani, one of Kenya’s wealthiest investors, will receive $83,300.
Kimani owns a significant 2.35-percent stake in Nation Media Group.
Kimani owns a significant 2.35-percent stake in NMG.
Aga Khan IV indirectly owns 44.7 percent of the company.
Aga Khan IV holds a 44.7-percent stake in the group through The Aga Khan Fund for Economic Development.
The triple-digit surge in profits came off a 14-percent increase in revenue.
The increase in the value of his shares took place over 23 days.