By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.ke
  • Politics
  • Crime
  • Business
  • Entertainment
  • grapevine
  • Lifestyle
  • Climate
  • Sauce Indepth
  • Media
  • Opinion
  • World
  • Sports
Reading: Media Max suspends its CEO Ken Ngaruiya
Share
Notification Show More
Latest News
$35 million record price for a rare ruby from Mozambique
22 mins ago
Flamboyant businessman fighting for life after wife stabbed him and murdered their two children
37 mins ago
Navigating a recession: Practical tips to reduce expenditure
59 mins ago
Trump indicted in classified documents case
1 hour ago
Ethiopia: US agency suspends food aid as country is ravaged by drought
1 hour ago
Aa
sauce.co.kesauce.co.ke
Aa
  • Politics
  • Crime
  • Business
  • Entertainment
  • grapevine
  • Lifestyle
  • Climate
  • Sauce Indepth
  • Media
  • Opinion
  • World
  • Sports
  • Politics
  • Crime
  • Business
  • Entertainment
  • grapevine
  • Lifestyle
  • Climate
  • Sauce Indepth
  • Media
  • Opinion
  • World
  • Sports
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 sauce.co.ke. All correspondence to be emailed to info@sauce.co.ke. All Rights Reserved.
FeaturedMediaSauce Indepth

Media Max suspends its CEO Ken Ngaruiya

sauce news team 5 months ago
Updated 2023/01/05 at 8:15 AM
Share
4 Min Read
SHARE

Media Max Limited, the Kenyatta family owned media house based along Kijabe street has sent its CEO Ken Ngaruiya on compulsory leave.

Sources at the company have told sauce.co.ke that the board of the company decided to send its top manager home in order to investigate his conduct.

DSM Place,

Ngaruiya is facing claims of financial impropriety with the latest being a sh24m payment made to a firm under questionable circumstances.

What has irked the board is the fact that the firm could be his but registered under proxies and has been used in the past for other dubious businesses.

To show how unpopular the man had become, the entire newsroom is celebrating his suspension with majority praying he does not make it back.

Ngaruiya is further accused of high-handedness ,barking orders in the newsroom and sometimes even attending editorial meetings to decide story line ups for K24, the TV station, and PD, the newspaper , something that has brought him at loggerheads with the editors since he’s not a trained journalist.

The general feeling among staff is that if the board of the Kenyatta family owned media house wants the best for the firm, it better hires another individual to shepherd the firm.

Impeccable sources at the DSM building where the company is domiciled told Sauce.co.ke that the management could also be investigating possible case of ghost workers in the payroll whose salaries could have been going to an individual’s pockets at a time employees remain on half pay which was imposed when Covid 19 struck in 2020. It is the only media house that is yet to reinstate full salaries.

See also  The prices of alcohol, juice and cosmetics to go up as KRA plots 300pc tax stamp hike

In 2020, Ngaruiya threatened to fire journalists who had sued the company when their salaries had been reduced despite a court order.

“Irrespective of the court order, all the 200 people who went to court, you are enemies of the company. If you sign or you don’t sign the contract, washakumaki (they have already marked you),” he told them.

A few days later more than 150 journalists were fired through text messages sent at midnight

The Mediamax media stable include K24 TV, Kameme TV, Kameme FM, Milele FM, Msenangu FM, Emoo FM, Mayian FM, Meru FM, People Daily newspaper and two websites — www.k24tv.co.ke and www.pd.co.ke.

Ngaruiya, an accountant and a First-Class graduate in Commerce (Accounting) from the Catholic University of Eastern Africa was hired as Media Max CEO in 2019.

“He has close to 20 years’ experience in the Media, Advertising and Manufacturing Industries and has served in various capacities which include; COO and Chief Finance Officer at Mediamax, COO Crown Solutions Ltd (Gases) & CFO Red Sky Ltd,” said the board when announcing his appointment in 2019.

His reign at the company has however been associated with dwindling revenues, financial losses and low morale among staff.

You Might Also Like

Nation Media’s Africa and International editor Leila Mohammed leaves after a 10 year stint

Revealed: Jared Otieno secretly charged in Sh54 million gold scam involving police, immigration officials

This is how to lower the cost of living: Raila to Ruto

Media houses to lose another Sh2 billion as gov’t set to stop placing newspaper adverts

Azimio gives National Prayer Breakfast wide berth

sauce news team January 4, 2023
Share this Article
Facebook Twitter Email Print
Share
Previous Article Woman bites off husband’s manhood in Kisii
Next Article Stephen Letoo leaves fans guessing after showing off two women ‘bestfriends’
Leave a review Leave a review

Leave a review Cancel reply

Your email address will not be published. Required fields are marked *

Please select a rating!

LATEST STORIES

  • $35 million record price for a rare ruby from Mozambique
  • Flamboyant businessman fighting for life after wife stabbed him and murdered their two children
  • Navigating a recession: Practical tips to reduce expenditure
  • Trump indicted in classified documents case
  • Ethiopia: US agency suspends food aid as country is ravaged by drought
  • Police commission creates further controversy by advertising positions filled by IG Koome
  • Prosecution drops Dennis Itumbi’s case involving Ruto assassination letter
  • Rare ruby from Mozambique sells for record Sh4.9 billion
  • Nation Media’s Africa and International editor Leila Mohammed leaves after a 10 year stint
  • Britain’s Got Talent star Kerri-Anne Donaldson dead at 38
about us

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US

© Sauce.co.ke | All rights reserved | Send queries to info@sauce.co.ke

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?