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.
Mumias Sugar Company is seeking a Sh4 billion bailout to revive the factory and promote efficiency.
The firm’s managing director, Nashon Aseka, said it would take between three and four years to realise the company’s five-year turnaround strategy if the cash was made available.
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