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Ruto set to increase stake at one of Kenya's largest media house

16 February 2018 at 16:01
Alright

Deputy President William Ruto is set to increase his stake in Mediamax Company.

According to Business Today the Deputy President initially bought shares in Milele FM from Taita Taveta Governor Granton Samboja, who is a former Mediamax Executive Chairman according to reports.

The media organization linked to President Uhuru Kenyatta’s family is said to be willing to reduce its share holding in the DSM Place-headquartered company

The DP’s presence at the company was felt after he launched Kalenjin radio station, Emoo FM and is now aiming to acquire a larger stake in K24 and People Daily.

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Mediamax owns Kameme FM, Kameme TV, Pili pili FM, Meru FM, Mayian FM, Milele FM, People Daily, and K24 TV.

Media Max gave Royal Media’s Inooro Tv a run for their money after they launched Kameme Tv which was timely. The station was launched mid last year just before elections.

Is Ruto’s interest in media influenced by his aspiration to be Kenya’s next President?

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