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.
Bamburi Cement trucks collect cement from a Silo storage facility in Industrial area, Nairobi. [Stafford Ondego, Standard]
Embakasi East MP Babu Owino has said he will lobby other Members of Parliament to stop the planned acquisition of Bamburi Cement Company Limited by Chinese Investors.
Owino who was speaking in Parliament buildings on Tuesday said he had received complaints that thousands of Kenyans working for the company are likely going to lose their jobs should it be sold to foreign investors.
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