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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.
An expansion spree by middle tier and small oil marketing companies in a race to grow their footprint and compete with multinationals has left them nearly dry - with less to finance daily operations.
The companies are now resorting to selling or bringing on board strategic investors to enable them stay afloat.
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