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NMG new majority owner pledges to uphold journalistic standards
Tanzanian businessman Rostam Azizi addressing a media briefing on the acquisition of Nation Media Group (NMG) at the Serena Hotel in Nairobi on March 11, 2026.
Photo credit: Francis Nderitu | Nation Media Group
Nation Media Group (NMG)’s new majority owner, businessman Rostam Azizi, has pledged to uphold the journalistic standards and editorial traditions that have built the legacy of public trust for one of Africa’s biggest media houses since its founding 66 years ago.
The Tanzanian businessman, through his company Taarifa Ltd, is acquiring a controlling 54.08 percent stake in NMG from the Aga Khan Fund for Economic Development S.A. (AKFED). The transaction is expected to conclude within three to four months, subject to regulatory approvals.
