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The Standard e-Paper
Kenya’s Boldest Voice
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.
Two things have happened in the last three months at the macro level of the economy that have far-reaching consequences on all Kenyans. According to the 2014 Economic Survey, financial services, transport and communications boosted economic growth.
Most of the other key sectors including agriculture and tourism performed sluggishly. There was hope of rapid growth after a new government came into office in 2013. With a stable macroeconomic environment, low inflation rates, infrastructural investment inherited from the previous government, there was nothing to stop the imminent economic take-off. But, alas, all that hope faces serious test now. The economy is wobbling. The macroeconomic environment is strained and unless something is done quickly, the pinch will be severe.
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