Ruto Withdraws His Shares From Kenyatta Owned Media Max, Buys Radio Africa Group

Deputy President William Ruto is not taking chances when it comes to his 2022 Presidential bid. Consequently, and while appreciating the pertinent role of media in politics, he has acquired Radio Africa Group, a move that is seen to strategically align himself for the top job.

Sources reveal that the deal is in the last process of finalization and will see Ruto fully own the Media house after attempts to expand his shares at the Kenyatta family owned Media Max back fired.

Ruto has been holding a controlling stake at the Westlands based Radio Africa Group. Sources from within the organization who are privy to the details intimated that the deal is complete only awaiting a few signatures.

When he acquired the controlling stake in 2019 the Deputy President allegedly coughed a staggering Sh2 billion in 2019 a deal that was negotiated by a team of lawyers representing the DP and forms part of an intricate plan to control mainstream media instruments ahead of the defining 2022 general elections.

Radio Africa Group, owns The Star, Classic 105, Kiss 100, and Radio Jambo among others.

Last year South African media firm that held majority shareholding in Radio Africa Group sold its media entities for an estimated Ksh7.6 billion in an effort to relieve itself of debt.

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