NATION MEDIA GROUP PLC 2022 Annual Report & Financial Statements
Nation Media Group PLC (NMG) was founded by His Highness Aga Khan in 1959 and is currently the leading media company with a global digital footprint as well as operations in newspapers, television and radio broadcasting across Kenya, Uganda, Tanzania and Rwanda.
NMG uses its industry leading operating scale and brands to create and deliver high-quality content that informs, educates and entertains. It has been publicly-listed on the Nairobi Stock
Exchange since the early 1970s and cross listed in Tanzania, Uganda and Rwanda in the 2010s. In our journey, nothing matters more than the integrity, transparency, and balance in journalism that we have publicly committed ourselves to. NMG seeks to positively transform the society it serves, by influencing social, economic and political progress.Copyright © 2022 Nation Media Group PLC
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the permission of the copyright holder.
Nation Centre, | Telephone: | P.O. Box 49010-00100, GPO | Website |
Kimathi Street | +254 20 328 8000 | Nairobi, Kenya | www.nationmedia.com |
Browse, download or print our annual report at
https://www.nationmedia.com/wp-content/uploads/2023/06/NMG-2022-Annual-Report-and-Financial-Statements.pdf
View our 2022 results presentation at
www.nationmedia.com/investor-news/nmg-fy2022-results
Nation Media Group PLC. | 2022 Annual Report & Financial Statements | 3
COMPANY INFORMATION
Nation Centre | Registered Office | Afisi Ilioandikishwa |
Kimathi Street | ||
P O Box 49010 00100 | ||
Nairobi | ||
Hamilton Harrison & Mathews | Advocates | Wakili |
Delta Suites | ||
Waiyaki Way, Nairobi | ||
PricewaterhouseCoopers LLP | Auditor | Mkaguzi wa Hesabu |
PwC Tower, Waiyaki Way | ||
Chiromo Road | ||
Westlands, Nairobi | ||
Standard Chartered Bank of | Bankers | Benki |
Kenya Limited, Chiromo | ||
No. 48 Westlands Road, Nairobi | ||
Angela Namwakira | Company Secretary | Katibu |
Adili Corporate Services Kenya | ||
ALN House, Eldama Ravine Road | ||
Westlands, Nairobi | ||
P O Box 764 00606 | ||
Nairobi |
4 | Nation Media Group PLC. | 2022 Annual Report & Financial Statements
Nation Media Group PLC. | 2022 Annual Report & Financial Statements | 5
Inside this Report | |
Company Information | 3 |
Notice of Annual General Meeting | 6 |
NMG Overview & Footprint | 13 |
Performance Highlights | 16 |
Corporate Governance Statement | 18 |
Board of Directors Profiles | 19 |
Group Chairman's Statement | 24 |
Group CEO Statement | 36 |
Executive Team | 48 |
Environmental, Social and Governance Report | 52 |
Report of the Directors | 72 |
Directors' Remuneration Report | 79 |
Statement of Directors' Responsibilities | 84 |
Independent Auditor's Report and Financial Statements | 85 |
Media of Africa For Africa
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Nation Media Group published this content on 07 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2023 19:43:07 UTC.
