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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.
About two weeks ago, Kenya became a middle-income economy, leading to a hot debate on whether or not this will change the fortunes of this country.
There is every reason to celebrate the new status as the country’s economy is far bigger than previously thought – it has gone up by 25 per cent. Now we have a bigger cake, so to speak. However, the celebrations are tempered by the hard reality that the national cake is not distributed evenly among Kenyans. We have a small class of immensely wealthy Kenyans, while there is a disproportionately large number of poor people.
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