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.
Kenya's Pan Africa Insurance Holdings reported on Friday a 24 percent drop in full-year pretax profit for 2014, hit by unrealised gains in equity investments and slow property sales.
The company, controlled by South African insurer Sanlam, said pretax profit fell to 1.15 billion shillings ($12.6 million) from 1.52 billion in 2013.
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