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Originally published by Kenyanstop
March 12, 2026
2h ago
NMG Issues Notice to Shareholders Ahead of Majority Stake Sale

This historic buy-out by a Tanzanian tycoon raises issues of media freedom. Tanzania doesn’t have a great history of media freedom...
✨ Key Highlights
Nation Media Group (NMG) has confirmed a significant ownership change following a notice from Taarifa Ltd to acquire a majority stake. The transaction involves the purchase of NPRT Holdings Africa Limited, the current principal shareholder.
- NPRT Holdings Africa Limited, a subsidiary of AKFED, holds 54.08% of NMG's total issued shares.
- Taarifa Ltd, an investment vehicle owned by Tanzanian billionaire Rostam Azizi, intends to acquire 100% of NPRT.
- The notice was served on March 10, 2026, and completion is subject to regulatory approvals.
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