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The Kenya Times
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    Nyota Project Rolls Out 4-Day Business Training For 42,735 Beneficiaries Covering 17 Counties

    Govt Confirms Training Dates and Locations for 42,735 Youth Selected for NYOTA Program

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    Kalahari Cement Announces Plan To Buy Nssf’s 24.3M Shares In East African Portland Cement At Ksh 1.6 Billion

    Tanzanian Tycoon Moves to Acquire 24.3M Shares in Portland Cement

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    Governor Natembeya’s Security Withdrawn

    Erastus Ekthon Responds To Alleged Voter Bribery In Malava

    IEBC Chair Responds to Video of ODM Politician Bribing Voters with Mattresses Hours to Elections

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      Kenya Revenue Authority Staff. Photo/Kra

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      Safaricom Launches Skiza Tunes-Like Video Ring Back Tone Service- How It Works

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    Kcb Places Monwalk Investment Under Administration

    KCB Bank Appoints Administrator for Troubled Moonwalk Investment

    Capital Markets Authority (Cma) Ceo Wyckliffe Shamiah. Photo/ Cma

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    A Photo Of Ex-Wpp Non-Executive Member Claudelle Naidoo Photo/Mediacom

    Claudelle Naidoo: Profile of Executive Who Resigned from WPP Scangroup Just 30 Days After Appointment

    Cooperatives Cs Wycliffe Oparanya During The Release Of The Sacco Supervision Annual Report 2023 And The Status Of Sacco Industry. Photo/Sasra Ke X

    Govt Publishes Names of Newly Licensed Saccos

    Govt Approves South Lokichar Basin Field Development Plan

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    A Photo Showing Consolidated Bank. Photo / Citizen Digital

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    Govt Warns Hospitals Against Detaining Bodies in New Advisory

    Kutrrh Announces 99 Job Vacancies In Key Medical Roles

    Kenyatta University Hospital Announces 99 Job Openings Across Key Departments

    The Social Health Authority (Sha) Portal. Photo/Afyangu

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    Two Other Migratory Birds Fly Over 6,000 Kms From India To Land In Kenya

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Inside SK Macharia Business Empire: What Else Does Citizen TV Founder Own? 

by Annah Nanjala Wekesa
June 11, 2024
Reading Time: 4 mins read
Sk Macharia At A Past Function. Photo/ Macharia

SK Macharia at a past function. PHOTO/ Macharia

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Royal Media Service (RMS) founder Samuel Kamau Macharia popularly known as SK Macharia is a prominent and shrewd businessman and media mogul.

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Samuel Kamau Macharia plunged into the world of media and established RMS in 1990 – to becoming Kenya’s leading broadcasting company. 

In 2012, he appeared in Forbes’ magazine list of top 10 African dollar millionaires to watch out for and made the list of African Report’s 50 most influential Africans the following year.

Forbes reported that Macharia was among the first in his hometown to buy a transistor radio—villagers would congregate at his home to listen to the news or football commentary and the gadget would turn out to be the pillar of his businesses.

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RMS is arguably the largest private media owned by an individual in the East African region.

RMS is home to 3 TV stations: Citizen TV, Inooro TV, and Ramogi TV. Citizen TV caters to audiences speaking English and Swahili, while Inooro TV targets the Mt. Kenya region with programming in Kikuyu, and Ramogi TV serves the Nyanza region with content in Dholuo.

Sk Macharia At A Past Function. Photo/ Courtesy
SK Macharia at a past function. PHOTO/ Courtesy

It is one of the largest media companies in East Africa with its radio network boasting 13 stations, with Radio Citizen broadcasting in Swahili, Hot 96 in English, and the remaining 11 stations in vernacular languages.

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The local radio stations include Mulembe FM, Musyi FM, Chamgei FM, Egesa FM, Ramogi FM, Inooro FM, Wimwaro FM, Muuga FM, Bahari FM, Bilitu FM and Vuuka FM.

He also has a presence in the digital space through Citizen Digital.


Also Read:S.K Macharia Shuts Down Directline Assurance, Fires All Employees


What Media Mogul SK Macharia Owns

In 1976, he formed the Madhupaper, the first and only local tissue paper manufacturer in Kenya. Its tissue paper brand, ‘Rosy’ exists to date.

It was the only tissue paper manufacturing company which he later sold in 1989 to an investor for Ksh 250 million.

Besides RMS, Macharia had shares in Directline Assurance Company, an insurance company under the Royal Travel which commanded the lion’s share of the motor commercial Public Service Vehicle (PSV) insurance market in Kenya.

However, as of June 10, 2024, he ceased the operations of Directline Assurance due to the freezing of the company’s bank accounts by the Insurance Regulatory Authority (IRA).

Consequently, all employee contracts were terminated, and the company’s board of directors dissolved.

Royal Travel was born after the collapse of the Royal Card Business which in the 90s.


Also Read: Kenyan Tycoons Who Own Multi-Billion Businesses


Aside from the media industry and insurance, SK Macharia has investments in various other businesses, including Serenity Media Productions Ltd, Big Five Conservancy Safaris, Bushfire Media Distributors, and Harbour Capital Ltd.

Harbour Capital provides a wide range of financing and leasing programs to help business owners grow their businesses

SK Macharia also owned the Ribshack restaurant on Kiambu road and the Whispering Palms hotel near Mombasa. However, the restaurants are no longer in operation.

SK Macharia won the 2015 Eastern Africa Ernst and Young Entrepreneur Lifetime Award.

Macharia has a Bachelor of Arts degree in Political Science from Seattle Pacific University and a Bachelor of Science degree in Accounting from the University of Washington.

He also earned a Master of Arts Degree in Accounting and became a Certified Public Accountant.

Follow our WhatsApp Channel for real-time news updates:

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Royal Credit Chairperson S.k. Macharia. Photo/Courtesy.
Royal Credit chairperson S.K. Macharia. PHOTO/Courtesy.
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Annah Nanjala Wekesa

Annah Nanjala Wekesa is a journalist at The Kenya Times, with a passion for crafting news-worthy stories that leave a lasting impact. She holds a Bachelor of Arts in Communication and Media from Kisii University. She has honed her skills in the art of storytelling and journalism. Her passion lies in the art of storytelling that resonates with audiences, driving a commitment to delivering news-worthy stories through the lens of integrity and precision. She can be reached at [email protected]

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