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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.
SMEP Microfinance, a church-owned lender, has secured a strategic investor to inject capital and set it on a path for growth after a decade-long search.
Shareholders, in an extraordinary general meeting (EGM), voted for a 51 per cent acquisition by Hope International, a US-based Christian non-profit institution pending regulatory approval in a deal worth $4.6 million (Sh577.8 million).
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