Audio By VocalizeTaifa Group Founder, Rostam Azizi, and Sultan Ali Allana, Director of the Aga Khan Fund sign transaction documents in Nairobi. The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), bringing to an end a 66-year relationship with the region’s largest independent media house. "NPRT Holdings Africa Limited holds a 54.08 percent stake in Nation Media Group PLC, equivalent to 92,618,177 ordinary shares," the statement read in part. AKFED said the transaction marks the conclusion of its long-standing association with the media group, which began in 1959 when the Aga Khan backed the creation of an independent press during the colonial period. Nation Media Group was also among the first media companies in Africa to list on a securities exchange, with its shares trading on the Nairobi Stock Exchange since 1973.

Nation Media Group (NMG) is set to undergo a historic ownership transition after Tanzanian businessman and former politician Rostam Azizi acquired the 54.08 percent stake of the media company. Effectively, Azizi becomes the majority shareholder of the media giant, taking over from a position previously held by the Aga Khan Fund for Economic Development (AKFED). Tanzanian billionaire Rostam Azizi Photo Business DailyWhile the financial particulars of the deal have not been disclosed, the transaction solidified Azizi's position as the majority shareholder of the company. Since then, Nation Media Group has grown into a powerful multi-platform media conglomerate which operates more than 30 brands across East Africa, including. “We are honoured and deeply committed to becoming the majority shareholder of Nation Media Group,” said Mr. Azizi.

The Aga Khan Fund for Economic Development (AKFED) is selling its 54.08% controlling stake in Nation Media Group (NMG), East Africa’s largest media conglomerate, to a company called Taarifa Ltd., owned by Rostam Azizi, a Tanzanian businessman. “AKFED is proud of its contribution to building one of Africa’s most respected media institutions,” said AKFED Director Sultan Allana. A decade ago, Aga Khan IV inaugurated a USD 20 million printing press, the largest media investment in the history of East and Central Africa at the time. Aga Khan says it will maintain the Aga Khan University’s Graduate School of Media & Communications. Rostam Azizi: The Media Mogul Taking Control of NMG’s FutureAccording to Forbes, Rostam Abdulrasul Azizi became the first Tanzanian dollar billionaire in 2013.

Editor's Review The Aga Khan Fund for Economic Development (AKFED) has announced that it will sell its controlling stake in Nation Media Group (NMG). Azizi also previously co-founded Mwananchi Communications Limited, which launched publications such as Mwananchi, The Citizen, and Mwanaspoti in Tanzania before they were later acquired by Nation Media Group. "We are honored and deeply committed to becoming the majority shareholder of Nation Media Group. This comes weeks after Nation Media Group announced its decision to shut down the Mombasa Bureau. "We are building a more resilient Nation Media Group that is equipped to thrive in a digital-first world," Odundo wrote.

Audio By VocalizeTorrential rains caused flooding in Nairobi, leading to fatalities and displacement of residents. You cannot bring down that infrastructure in one day because it is an investment, but we have a plan to reclaim riparian land and build proper drainage to accommodate the growing population,” he said. CorruptionUrban planning expert Alfred Omenya, however, said that while some of the buildings are old, corruption and weak enforcement at City Hall have worsened the situation. “There is a plan to repossess riparian land, so nobody will be spared. We are coming to bring down all buildings on riparian land,” he said.

The late Kasipul MP Charles Ong'ondo Were. [File, Standard]It is almost a year since the country was confronted with one of the most daring and chilling assassinations in recent memory —the cold-blooded killing of former Kasipul MP Charles Ong’ondo Were at Nairobi’s Valley Road roundabout. Now, The Standard has obtained exclusive CCTV footage that could, for the first time, offer the clearest glimpse yet into what unfolded in the moments leading to the brazen attack on April 30, 2025, a plot that investigators say may reach deep into the slain MP’s inner circle.

The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.

TikToker Yhaar Dimple passed away hours after her last post. Photo: Yhaar Dimple. What happened to Yhaar Dimple? As of this publication, it is not clear whether Dimples passed away at the scene or in the hospital. In a separate report from West Africa, popular socialite Elena Jessica passed away weeks after undergoing her second BBL surgery.

Mojtaba Khamenei lost not just his father in the Israeli strike on the supreme leader's compound, but also his mother, Mansoureh Khojasteh Bagherzadeh, his wife Zahra Haddad-Adel, as well as a son, on that fateful Saturday morning. He was also reported to be injured but there have been no details, nor even any sign of him since.

The Directorate of Criminal Investigations (DCI) has arrested a man captured on a viral video tearing Kenyan banknotes. In a 27-minute video shared on social media, the man is seen placing stashes of money on the table, Ksh100 note bundles in particular, tearing the notes, one after another. “Banking Fraud Investigations Unit (BFIU) detectives have arrested a man who was wanted for allegedly mutilating Kenyan currency notes and flaunting the acts on TikTok,” stated the DCI. So what does the law say about Individuals caught tampering with the Kenyan Currency Notes? Under this duty, any act that positions the Kenyan Currency for use that is not intended for it often attracts enforcement.

Photo: Stephanie AugelloSource: Getty ImagesDate of birth: April 6, 1975April 6, 1975 Role played: Dr John J.D. Sarah ChalkeSarah Chalke attends the premiere of ABC/Hulu’s Scrubs Season 1 at the Academy Museum of Motion Pictures in Los Angeles, California, on February 23, 2026. Judy ReyesJudy Reyes attends the premiere of ABC/Hulu’s Scrubs Season 1 at the Academy Museum of Motion Pictures on February 23, 2026, in Los Angeles, California. Neil FlynnNeil Flynn attends the premiere of ABC/Hulu’s Scrubs Season 1 at the Academy Museum of Motion Pictures on February 23, 2026, in Los Angeles, California. FAQs about Scrubs reboot castIs the Scrubs reboot a reboot or a season 10 revival?

Wet and muddy test awaits Safari Rally drivers in NaivashaCrews on Monday had a taste of competition conditions in the 2026 World Rally Championship Safari Rally in Naivasha, but heavy rains remain a big threat to the competition and may compel officials to cancel or reroute a number of the stages. Meanwhile, the service park has turned into a hive of activity, with different teams assembling and fine-tuning their cars as preparations intensify ahead of the start of the Safari Rally Kenya. In the opening round of the 2026 Monte Carlo Rally, Rally 3 specification Ford Fiesta driver Matteo Fontana posted the fastest overall stage time, outrunning the more powerful Rally2 machines on a mix of snow, ice and slush. This weekend also marks the 30 year anniversary of the rain-soaked 1996 Safari Rally, an event that upended the well funded Toyota and Subaru squads despite their extensive Kenyan experience. Yet the Evolution’s raw speed lacked the decades-long Safari knowhow accumulated by Toyota, Ford and Subaru.

Oil prices drop after Trump says Iran war could end ‘very soon’Oil prices fell on Tuesday after hitting a more than three-year high in the previous session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. Brent futures fell $6.28, or 6.3%, to $92.68 a barrel at 0715 GMT, while US West Texas Intermediate (WTI) crude was down $6.19, or 6.5%, to $88.58 a barrel. “Murban and Dubai grades are still well above $100 per barrel, so practically nothing much has changed in terms of ground realities,” he added, referring to benchmark Middle Eastern oil grades. Prices, however, remain under pressure as Trump considers easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices, according to multiple sources. “Once traders sensed that supply routes could still be maintained, the initial ‘panic premium’ that had pushed prices above the $100 mark yesterday started to fade, and oil prices quickly pulled back.”G7 nations had said on Monday they were prepared to implement “necessary measures” in response to surging global oil prices but stopped short of committing to the release of emergency reserves.

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President William Ruto/FILEPresident William Ruto did not shy away from celebrating the recent parliamentary by-election results, where all four contested seats were won by United Democratic Alliance (UDA) candidates. In a statement on its social media platforms, the commission thanked voters in the four by-election areas for participating and announced the UDA candidates as winners. In the Isiolo South constituency, the returning officer formally declared the UDA candidate elected to Parliament, congratulating him on his victory. President William Ruto also congratulated the winning candidates, thanking voters in Isiolo South, West Kabras, Muminji, and Evurore wards for supporting the ruling party. “Thank you, Isiolo South, West Kabras, Muminji, and Evurore for standing firmly with the United Democratic Alliance in yesterday’s by-elections.