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The Standard e-Paper
Truth Without Fear
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.
Investors at the Nairobi Securities Exchange lost Sh250 billion in paper wealth last year as prices of most stocks fell sharply. In the year punctuated by volatile Kenyan currency, rising inflation and surging interest rates, 48 of the 64 listed stocks shed value, wiping out an equivalent of nearly a quarter of what the Government targets to raise from taxes to fund the 2015-16 Budget.
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