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.
President Uhuru Kenyatta Kenyatta hands over tummy check of Sh500m to Mumias Sugar company Chairman Dr. Ken Ngumbau Mulwa (left). [Benjamin Sakwa/Standard]
Mumias Sugar Company will close down its non-core businesses as it seeks to reduce its debt burden and get back to profitability.
The miller, which expects to reopen in January, has been producing electricity, distilled water, ethanol and molasses besides its primary cane crushing operations.
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