Home | News    Sunday 9 October 2011

Nation Media seeks shares in Citizen Newspaper

separation
increase
decrease
separation
separation

October 8, 2011 (JUBA) - The Kenyan-based Nation Media Group (NMG) is currently negotiating with The Citizen newspaper to buy shares, in deal that could see the company acquire major stakes in South’s Sudan’s leading English daily, Sudan Tribune understands.

JPEG - 28 kb
Nhial Bol, editor in chief of The Citizen newspaper, narrates his arrest and detention during an interview with Sudan Tribune on 30 September in his Juba office. (Photo: Ngor Garang/ST)

Founded in 1959, NMG has emerged as the largest independent media house in East and Central Africa, having reportedly been quoted on the Nairobi Stock Exchange since the early 1970s. Currently operating in Ugandan and Tanzania, the company has plans to expand to Rwanda and Burundi.

Nhial Bol Aken, The Citizen newspaper’s managing editor confirmed meeting that a meeting with NMG took place in Nairobi, the Kenyan capital, but declined to divulge further details, saying both parties were still at the initial stage of negotiations.

“It is true we met a team from the nation media, but what we are looking for is a media partnership with any interested parties. We did not go into the details of what this kind of partnership should entail,” he told Sudan Tribune by phone.

The Citizen, which was founded in 2005, coinciding with a peace agreement between north and South Sudan that year. The publication has run into trouble with the authorities in both Khartoum and Juba, and has in the past been suspended in north Sudan.

In November 2010, The Citizen announced that it was moving its headquarters to Juba. It now prints at a new printing press in Juba a month later.

However, when contacted on Wednesday, Linus Gitahi, NMG’s chief executive officer neither confirmed nor denied the matter, and wondered why the matter was in public interest.

“Who told you that and what is your interest in the matter.....sorry to ask this but our client relationships are confidential,” Gitahi, in an emailed reply, said.

NMG, owned by Agha Khan, currently owns seven newspapers, two television stations and three radio stations, spread across East Africa. The Kenya-based media group appears to be seeking to become the first large media entity to expand to South Sudan after the latter attained its independence exactly three months ago.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Who was behind the killing of civilians in Bor? 2014-04-22 06:50:43 By Peter Gai Manyuon "A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death", from unknown author. (...)

Embracing victimhood to celebrate victimisation 2014-04-22 06:28:12 By Juliana Bol April 21, 2014 - It was a bit disturbing to hear news of our citizens in the IDP camps (where they are seeking protection and shelter) celebrating the recapture of Bentiu -in (...)

South Sudan: Revenge Killings is not the basis for building a modern nation 2014-04-21 05:39:31 By Steve Paterno April 20, 2014 - The theme of this article develops as a result of my extensive research and writings on a culture of revenge killings among South Sudanese communities, (...)


MORE




VIDEOS



Latest Press Releases


Sudan: No justice for protest killings 2014-04-23 21:06:10 Human Rights WatchRelease Detainees and Punish Abusive Forces (Nairobi, April 21, 2014) – Sudanese authorities have failed to provide justice for scores of civilians killed in anti-government (...)

SDFG mourn the loss of a Sudanese activist 2014-04-20 09:02:39 The Sudan Democracy First Group mourns the loss of Osman Hummaida, a towering figure of the human rights movement in Sudan, and a tireless campaigner for democracy and peace in the country. Osman (...)

UNICEF supports emergency response for children in Sudan with 89 tons of life-saving supplies 2014-04-19 09:47:06 Khartoum, 18 April 2014 --- Today in Khartoum airport, UNICEF received 89 tons of life-saving supplies to support the humanitarian response to children affected by emergencies in various hot (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.