×

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.

Standard Group Plc HQ Office,
The Standard Group Center,Mombasa Road.
P.O Box 30080-00100,Nairobi, Kenya.
Telephone number: 0203222111, 0719012111
Email: [email protected]

NEWS & CURRENT AFFAIRS

Digital News

Kenya risks of losing assets of top corporations over Sh147 billion loan

By Moses Nyamori | 7yrs ago

Chinese President Xi Jinping (R) meets with Kenyan President Uhuru Kenyatta, who is here to attend the Second Belt and Road Forum for International Cooperation, at the Great Hall of the People in Beijing, China, April 25, 2019. [Xinhua]

Assets of at least eight State corporations risk seizure by lenders over Sh147.7 billion loan, Parliament warned yesterday.

The warning came even as President Uhuru Kenyatta pitched for more loans in China, where he is on a three-day visit to seek Sh368 billion to finance the extension of the Standard Gauge Railway (SGR).

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.

Continue Reading →

What you get

Unlimited access to all premium content
Ad-free browsing experience
Mobile-optimised reading
Weekly newsletters & digests

Pay via

M - PESA

VISA

Airtel Money

Secure Payments Kenya's most trusted newsroom since 1902

Related Topics

State corporations Sh147.7 billion loan SGR Chinese loans

.

Similar Articles

Creative economy key to job creation, says PS Fikirini Jacobs

Creative economy key to job creation, says PS Fikirini Jacobs

The creative industry is well placed to spur employment for the youth and boost the country's economy, the government has said.

By Noel Nabiswa

1 hr ago

Beyond the Silicon Savannah: Why Africa's AI revolution must start 'mashinani'

Beyond the Silicon Savannah: Why Africa's AI revolution must start 'mashinani'

Policy and investment levers such as establishing rural tech hubs, providing targeted public funding for digital skills outside major cities, trigger a ripple effect that transforms communities.

By Chepkemoi Magdaline

2 hrs ago

Airtel takes on Safaricom with Sh5.6b data centre

Airtel takes on Safaricom with Sh5.6b data centre

The facility under construction in Tatu City, expected to be the largest data centre in East Africa.

By Brian Ngugi

19 hrs ago

Lokichar-Lamu crude pipeline plan still on, says Treasury

Lokichar-Lamu crude pipeline plan still on, says Treasury

This is amid revelations that the Turkana oil project operator is exploring alternatives, including road and rail, to get the commodity to Mombasa.

By Macharia Kamau

1 day ago

Employers warn of rising costs, urge Ruto to protect jobs

Employers warn of rising costs, urge Ruto to protect jobs

The country’s main employers’ lobby has warned that a sharp rise in the cost of doing business was straining enterprises across sectors.

By Brian Ngugi

1 day ago

British Airways parent says Mideast war to hit annual profits

British Airways parent says Mideast war to hit annual profits

British Airways parent IAG warns Middle East conflict will push fuel costs higher and reduce annual profits despite strong Q1 growth.

By AFP

2 days ago

Mpesa drives growth as Safaricom hits record Sh99.7b profit

Mpesa drives growth as Safaricom hits record Sh99.7b profit

M-Pesa remained the key driver of revenue performance in the period, contributing 59.2 per cent of total revenue growth, expanding its revenue mix to 45.6 per cent.

By Graham Kajilwa

2 days ago

Kenya to spend nearly half of budget on debt servicing

Kenya to spend nearly half of budget on debt servicing

Nearly half of the 2026/27 budget will be allocated to debt servicing, with taxpayers expected to cover Sh2.3 trillion in interest payments and debt redemption.

By David Odongo By David Odongo

2 days ago

KDC roots for creative economy, innovation and youth-led enterprise growth

KDC roots for creative economy, innovation and youth-led enterprise growth

KDC Director General Norah Ratemo emphasizes the corporation’s strategic focus on enabling innovation and creative enterprise development as a cornerstone of inclusive economic growth.

By James Wanzala

3 days ago

Analysts say China's zero-tariff treatment to boost Africa's industrialization, value-chain integration

Analysts say China's zero-tariff treatment to boost Africa's industrialization, value-chain integration

Analysts have welcomed China's zero-tariff treatment to 53 African countries with which it has diplomatic relations.

By Xinhua

3 days ago

.

Latest Stories

Creative economy key to job creation, says PS Fikirini Jacobs

Creative economy key to job creation, says PS Fikirini Jacobs

By Noel Nabiswa

1 hr ago

Beyond the Silicon Savannah: Why Africa's AI revolution must start 'mashinani'

By Chepkemoi Magdaline

2 hrs ago

Airtel takes on Safaricom with Sh5.6b data centre

19 hrs ago

Lokichar-Lamu crude pipeline plan still on, says Treasury

By Macharia Kamau

1 day ago

Employers warn of rising costs, urge Ruto to protect jobs

1 day ago

.

The Standard Insider

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel

© 2026. The Standard Group PLC. All rights reserved