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.
The Direct Pay Online Group, an online payments service provider in Africa, is acquiring 100 per cent equity in Virtual Card Service (VCS) in Botswana and Namibia.
This will be closely followed by the acquisition of 100 per cent of VCS business in South Africa. The acquisition follows the Group’s recent acquisition of PayGate (Pty) Ltd, the South African online payments gateway.
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