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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.
Barclays' decision to sell down its stake in a Johannesburg-listed venture is a consequence of past mistakes at European banks rather than a reflection of Africa's future prospects, South Africa's finance minister said.
Emerging markets are often "victims of policymaking" by developed nations and it is wrong to blame them entirely for recent problems such as the collapse in economic growth and the huge capital outflows they face, Pravin Gordhan told Reuters.
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