×
The Standard e-Paper
Home To Bold Columnists
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
East African Portland Cement aims to sell land and shed 1,000 workers -- two thirds of its staff -- to cut debt and try to revive its fortunes after its market share plummeted, its chairman said.
Portland, 52 percent owned by the state, was found technically insolvent in a November report by Kenya's auditor-general, because its liabilities outstripped assets.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join