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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 Capital Markets Authority (CMA) has granted a licence to Kestrel Capital (East Africa) Ltd to operate as an investment bank. This follows an increase in issued and paid up share capital from Sh100 million to Sh250 million by the previously licensed stockbroker.
In addition to increasing share capital, the newly licensed investment bank has complied with all relevant statutory requirements.
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