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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.
As the Kenyan middle class continues to grow, according to recent reports, statistics show that the number of vehicles on the roads has also increased. Despite this growth, however, the vehicle industry is hurting.
Car & General, the only remaining auto firm that is listed on Nairobi Securities Exchange (NSE) shares this fate. Its fortunes have been on a downward trend.
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