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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.
Kenya and China are set to start negotiations on the financing of the last phase of the Standard Gauge Railway (Project) that will see the new railway extended to Kisumu.
During a Chinese infrastructure summit in China in May this year, which was attended by President Uhuru Kenyatta, China committed to finance the third phase of the SGR project that has been estimated to cost Sh350 billion. The Naivasha-Kisumu leg is expected to increase cost of the whole SGR project to over Sh800 billion.
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