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The Standard e-Paper
Kenya's Bold Newspaper
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.
As of 2018, Mumias Sugar Company Limited had assets worth Sh15.7 billion while its liabilities were Sh30.1 billion. [File, Standard]
Selling all the assets of Mumias Sugar Company would not raise enough funds to settle the miller’s debts, the firm’s receiver-manager Ponangipalli Rao says.
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