Nation Media Group, the publisher of Rwanda Today and East African newspaper, has laid off staff in Rwanda, saying the restructuring is aimed at addressing the “business challenges” faced in the country.
In a memo sent to staff this week, the media company’s subsidiary, Nation Holdings Rwanda Ltd, said: “I wish to inform you that NHRL is undertaking a reorganization exercise from 1st – January 2019.”
It added: “This has been necessitated by the business challenges in NHRL which required a reorganisation of its operations. Regrettably this will result in a reduction of our workforce through job redundancies.”
ChimpReports is informed the company is retaining only two staff reporters and a few freelancers.
The subsidiary had over 30 staff when it opened for business a few years ago.
In 2016, the media group closed KFM Rwanda which was at the time the country’s most popular radio station.
That was at a time Nation Media Group was merging its regional outlets.
An official told us the media company has been struggling to obtain advertisement from businesses in Rwanda hence low revenues.
“The office is still open but clearly struggling,” said an insider who preferred anonymity to speak freely.
The media group said it was aware this announcement would be difficult for the affected employees and their families.
“This exercise will be carried out with due respect to our employees and within the Rwandan laws,” said NMHL, adding, “We will strive to provide all the necessary support to help them manage through this transition.”