×
The Standard e-Paper
Join Thousands of Readers
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.
The commercial court in Nairobi has blocked Equity Bank from taking over TransCentury and its subsidiary East Africa Cables Limited over Sh4.8 billion loan row.
Equity had placed the two firms under receivership claiming that they had declined to pay back USD 20 million (Sh2.8 billion) debt owed by TransCentury and a further Sh1.948 billion owed by East African Cables.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join