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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.
The cash flow crunch being faced by some of the country's property-rich pension schemes could deepen on the back of the legal hurdles when disposing of their real estate assets, collecting rent and delays by their sponsors to remit pension dues.
These schemes are closed to new members and do not receive new contributions. As such, they solely depend on the sale of properties and rent collections.
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