×
The Standard e-Paper
Kenya’s Boldest Voice
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.
Schools, wealth management funds, insurance agencies and individuals are among 800 commercial debt paper holders who have lost Sh4 billion from fallen retail giant Nakumatt.
A commercial paper refers to an unsecured short-term debt instrument issued by a firm. The money raised is used to finance accounts receivable, inventories and to meet short-term liabilities, according to the Nairobi Securities Exchange (NSE).
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join