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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.
The admission that the Standard Gauge Railway (SGR) will not repay its own loans and will require taxpayers to subsidise it to the tune of Sh15 billion is a damning verdict on the feasibility of Kenya’s biggest infrastructure project.
The line has to be extended to Uganda if it is to reap any returns, which means Kenya will have to sink in even more resources in the project in both expansion and subsidies in coming years.
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