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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.
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I have been following recent media reports on how residential houses are topping the list of asset seizures by banks seeking to recover unpaid loans from clients. Such reports make first-time prospective homeowners shudder as the runaway loan interest rates may make it impossible to service a mortgage without fear of being auctioned.
Kristina, Nairobi
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