Nation Media Group (NMG) has announced an adjustment in the pricing of both versions — print and epaper — of its finance news publication, Business Daily .
In a statement, Nation informed its readers that the new prices will take effect on May 20, 2024 with the hike being attributed to an increase in the cost of production.
According to the statement, the Business Daily newspaper will, retail at Ksh100 and the ePaper at Ksh80 up from the current Ksh60 for the newspaper and Ksh40 for the ePaper.
"As we grow, market dynamics keep changing, affecting our production processes-primarily cost of production. We believe that this adjustment is essential in maintaining the excellence of our publication and upholding our dedication to providing invaluable insights to our readers," read part of the statement.
The publication further assured its audience that it was committed to delivering quality and insightful business news and analysis.
Additionally, Nation bosses further vowed to maintain Business Daily's standing as the leading publication in finance.
"Should you or any of your contacts have any questions or concerns regarding this price change, kindly contact our customer care. Our dedicated team will be happy to assist with any inquiries you may have," read the statement in parts.
Business Daily is a subsidiary of the Nation Media Group that focuses on business news.
The publication was launched in March 2007 and has remained consistent in publishing economy and business news tackling complex topics to educate the public.
BD as it is popularly known later unveiled the epaper in December 2020 to keep up with the fast-changing digital landscape.
Besides the BD newspaper, NMG has other publications including, the Daily Nation, Saturday Nation, Sunday Nation, the East African and Taifa Leo.
NMG is among the top three media stables in the country.