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 African Development Bank Group (AfDB) has fined a Chinese firm nearly $19 million following admission of fraudulent practices in a project financed by the institution.
It also debarred China First Highway Engineering Co. Ltd (CFHEC) for three years from its projects and said an alliance of international banks could also ban it from their projects.
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