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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 ability of cement maker Athi River Mining to pay its Sh14 billion debt has been cast in doubt after a South African rating agency downgraded its credit status to junk.
Global Credit Ratings (GCR) downgraded ARM on Friday last week to default status of DD over both its long-term and short-term loans.
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