Nation Media Group (NMG) shares have rallied sharply at the Nairobi bourse following news that Tanzanian businessman Rostam Azizi plans to acquire a controlling stake in the regional media giant. The company’s stock has risen significantly over two trading sessions after the deal was made public earlier this week. Market data shows that the media
Nation Media Group (NMG) has issued a cautionary notice to its shareholders and the general public after receiving notification of a proposed transaction that could lead to a change in its majority ownership. In a statement dated Thursday, March 12, 2026, the board of NMG said it had been served with a notice of intention
Tanzanian tycoon Rostam Azizi has provided additional details on the proposed indirect acquisition of Nation Media Group (NMG) through his company, Taarifa Ltd, after announcing plans on Tuesday, March 10, 2026, to acquire the Aga Khan-owned media group. In a statement issued on Wednesday, March 11, 2026, Taarifa outlined how it intends to indirectly acquire
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