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.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Salva Kiir’s cunning strategy 2018-05-19 07:40:06 By Duop Chak Wuol Salva Kiir likes to preach democracy to confuse people, looks for ways to legitimize his atrocious regime, uses deception to promote his despotism, and calculatingly waits for (...)

Lessons for South Sudan and IGAD-Led peace forum 2018-05-16 23:28:16 James Okuk, PhD “The polis exists to assure the good life” – Aristotle. “For however strong a ruler may be, he will always have need of the goodwill of the inhabitants if he wishes to remain in (...)

Clarity on Malong’s SSUF status also crucial for peace and accountability 2018-05-14 22:59:18 By Roger Alfred Yoron Modi While declaring the formation of his armed movement in the name of SSUF early last month, the former SPLA chief of general staff, Gen. Paul Malong Awan announced the (...)


MORE






Latest Press Releases


The Suspension of Hurriyat Online Newspaper 2018-04-29 07:04:37 Sudan Democracy First Group 28 April 2018 The Sudanese civil and political circles and those concerned with Sudan were shocked by the news that the management of Hurriyat online newspaper has (...)

Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan 2018-04-22 10:01:20 UN Secretary-General, New York African Union Commission, Addis Ababa UN High Commissioner for Human Rights, Geneva Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan (...)

Abyei celebrates Mine Awareness Day 2018-04-05 08:52:03 4 April 2018 | Abyei - The United Nations Interim Security Force for Abyei (UNISFA) and the United Nations Mine Action Service (UNMAS) commemorated the International Day for Mine Awareness and (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.