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.
Industrialisation CS Peter Munya (Center) with Enery PS Peter Njoroge (Left) and Standard Group CEO Orlando Lyomu during the Transform Kenya forum on manufacturing in Kenya at Daystar university valley road on June 4, 2019. [David Gichuru, Standard]
The government has ambitious plans to transform Kenya into a regional manufacturing hub, making local products compete at par with and possibly edge out other imports under President Uhuru Kenyatta’s legacy projects of the Big Four Agenda.
The sector will however contend with myriad challenges it currently faces which have resulted in exit of some firms from Kenya and the share of the sector’s contribution to the economy declining to just 7.7 per cent last year from 10 per cent in 2014.
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