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.
Homes under construction at Oak Park Estate, Kenyatta Road, Gatundu South, by Banda Homes. [File, Standard]
Hundreds of Kenyan homebuyers are staring at huge losses after real estate developer Banda Homes Ltd officially entered liquidation.
This marks a dramatic collapse of a firm that once promised affordable housing but left investors with undelivered homes and lost savings in the millions of shillings.
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