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.
Shoppers at an Uchumi outlet in Nairobi. The retailer owes suppliers Sh3.6 billion. [Wilberforce Okwiri, Standard]
Struggling retail chain Uchumi Supermarkets is close to inking a deal that will boost its cash flow by Sh3.5 billion after protracted talks with a strategic investor.
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