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 building in Nairobi CBD was to have 39 floors but was scaled down to 15. [File, Standard]
The National Social Security Fund (NSSF) was forced to pay a Chinese contractor Sh655.7 million for stoppage of construction work at the Hazina Trade Centre in Nairobi.
This is 75 per cent of the Sh871.7 million that China Jiangxi, the contractor for the 15-floor building, demanded from NSSF, a probe by the Auditor General for the financial year ended June 2020 shows.
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