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.
China’s decision in April last year not to fund the Standard Gauge Railway (SGR) line from Naivasha to Uganda through Kisumu at an estimated cost of Sh398 billion is turning out to be a blessing in disguise for Kenya.
First, the loans to build the railway line would have ballooned Kenya’s debt to China to almost a ruinous Sh1 trillion.
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