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.
East African Portland MD Mohamed Osman Adan before the Committee on Trade, Industry and Cooperatives regarding the sale of the company shares at Bunge Tower,Parliament, Nairobi. September 16,2025 [Elvis Ogina, Standard]
Lawmakers are now considering stopping the sale of East Africa Portland Cement Company (EAPC) shares unless the parties involved can prove that the acquisition process is above board.
The National Assembly Committee on Trade, Industry and cooperatives yesterday poked holes into the planned acquisition of EAPC shares by Tanzania's Kalahari Cement, terming the process opaque and a potential hostile takeover.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access