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.
Mortgage lender Housing Finance Group’s net loss widened to Sh1.7 billion in the year ending 2020.
This was an increase of 1,450 per cent compared to a loss after tax of Sh110 million that the mortgage lender posted in 2019. This follows a tough operating environment for the listed lender that saw its revenues decline even as its expenses ballooned.
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