News

Nation Media shareholders to earn Sh942m after Sh1bn profit

Nation Media Group (NMG) shareholders are set to earn Sh942.7 million after the company declared a dividend of Sh5 per share for the year ended December 31, 2018.
The group weathered a tough business environment across the region to post Sh1.06 billion profit after tax compared to Sh1.35 billion the previous year, a 21.8 per cent decline.

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Nation Media shareholders to earn Sh942m after Sh1bn profit

Omollo wins Nation Classic series in Kisumu

Home player Julius Omollo produced a brilliant round of 40 Stableford points to claim the top prize during the first leg of this year’s Nation Classic Golf series at the par 70 Nyanza Golf Club course at the weekend. Playing off handicap 12, the left-hander Omollo made a strong start, picking up four straight pars at the opening nine. He dropped two shots at the par three-fourth and par five-fifth after missing the greens on regulation. Dropped one more shot at the par three-eighth, but holed in a birdie putt at the ninth for an impressive 22 points.

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Omollo wins Nation Classic series in Kisumu