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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.
Kenyan investment firm Transcentury reported on Friday a pretax loss of 2.11 billion shillings ($22.42 million) for 2014, after posting a 859 million shillings profit the previous year.
It blamed the loss on a 36 percent drop in revenue from its engineering division, caused by delays in some projects.
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