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 Ports Authority (KPA) has lost the fight to kick out a Mombasa tycoon from a prime plot, along Likoni Channel, that was leased to his company in 1950.
KPA owns the land but has had to contend with a 99-year colonial lease granted to John Grossert and Company since 1950. Al Noor Habib Jiwan, which owns African Marine and General Engineering Company (AMGECO), acquired majority shareholding in John Grossert Company after independence thus inheriting the lease.
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