The announcement was made on Tuesday in three separate statements issued by Taifa Group, the Tanzanian investment conglomerate that controls Nation Media Group, and by Nation Media Group Uganda. Taifa Group, through its subsidiary Taarifa Limited, is the majority shareholder in the Nairobi-headquartered media company, having acquired a controlling 54.08 percent stake in March 2026, ending the Aga Khan’s 66-year ownership of East Africa’s most influential media house.