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.
Wang’ombe Kariuki (left) and Francis Wangusi of Communications Authority of Kenya. [Standard]
An attempt by auditors to set a fees guideline for their services has flopped after their application was rejected by the Competition Authority of Kenya.
In the refusal, the anti-competition watchdog said fixing prices for audit services will eliminate the incentive to offer quality of services.
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