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The Standard e-Paper
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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.
African e-commerce group Jumia’s revenues slid by 10 per cent in the second quarter, dashing hopes that lockdowns aimed at stemming the spread of the new coronavirus would lead to a flood of online orders.
Still, the loss-making company highlighted an 8 per cent rise in orders and ongoing cost cuts that its co-CEO said pointed to a path to profitability.
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