Nairobi Securities Exchange-listed media company Standard Group plans to raise $11.72 million through a rights issue, subject to shareholder and regulatory approval. The company announced on Monday that the capital raised will help to boost its balance sheet and position itself ready for the opportunities in the digital era. “The purpose of the rights issue…...
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Standard Media Group to raise $11.72 million through a rights issue
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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