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.
In recent years, multinational corporations have exited the Kenyan market. Companies such as GlaxoSmithKline, Spire Bank, Betin and Shoprite have ceased operations in Kenya, citing a range of issues from regulatory challenges to high operational costs. These departures have raised concerns about the country's economic stability, highlighting the need for strategic action to make Kenya a more attractive destination for foreign investment and to prevent further exits.
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