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Story summary
- Nation Media Group (NMG) was sold to Rostam Azizi's Taarifa Group, acquiring a 54% stake from Aga Khan Fund.
- The sale ends a 66-year stewardship by the Aga Khan Fund.
- Rostam Azizi pledged to uphold editorial independence, while critics warn about his connections to Kenya's President Ruto.
- Analysts say NMG's prior ownership insulated it from political pressures.
- NMG shares rose 28.3% after the announcement, signaling investor optimism about digital investments.
