The Nation Media Group, the largest media organization in East and Central Africa that also has interests in Uganda, is closing the operations of KFM in Kigali, while also scaling down on the operations of Kenya-based Nation FM and QFM.
In a release dated June 30 titled ‘transforming for a stronger future, nation media group embarks on implementing a new direction’ the NMG says it is changing strategy to meet 21st century standards, by concentrating on the digital component of media.
‘In the past few months we have embarked on a new strategic direction that ensures we secure our current business and position the organization in future,’ the release signed by Clifford Machoka, the NMG Head of Corporate and Regulatory Affairs, states in part.
According to Mr Machoka, all employees that have been affected by the changes will be remunerated in accordance with the law.
‘We do recognize that today’s announcement will be difficult for the affected employees and their families. The exercise will be carried out with due respect to our employees and within the Kenyan laws. We will strive to provide all the necessary support to help them manage through this transition,’ the NMG release adds.
The Nation Media Group is owned the HH Aga Khan and in Uganda it owns the Daily Monitor, KFM and Dembe media outlets, where its radio stations are/were popular for shows like Andrew Mwenda and Patrick Kamara’s Hot Seat running from Monday to Friday, and the defunct Hard Talk on Saturday that was hosted by Chris Obore, the current Director of Communication in Parliament.