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.
Troubled retail chain Tuskys Supermarkets requires an immediate capital injection of Sh2 billion to stay afloat.
In shareholders meeting held last month, the family owners of the retailer were told that Tuskys current financial position is “very weak” and may not “support the business for much longer.”
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