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The Standard e-Paper
Kenya's Bold Newspaper
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.
National Treasury Cabinet Secretary Njuguna Ndung'u has defended the government's plan to privatise key parastatals saying the move will end corruption and mismanagement of the entities and return them to profitability.
Prof Ndung'u, who spoke in Mombasa yesterday said some of the parastatals are draining the exchequer which is forced to bail them out whenever they are in financial problems.
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