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The Standard Group Plc is a
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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.
New punitive taxes by the Jubilee administration have scared away investors from the stock market, with the bourse suffering a massive Sh22.9 billion in foreign cash outflows.
The mass exit from the Nairobi Securities Exchange (NSE) - the highest in recent years - has deeply worried the market regulator that is now calling for concerted efforts by key industry stakeholders to win back the ebbing investor confidence.
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