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.
French retailer Carrefour has been fined Sh228million (1.75 million euros) for unfairly pressing suppliers for discounts during annual contract negotiations, the finance ministry said in Friday.
The ruling by the Paris Commerce Court follows a probe by anti-trust authorities into Carrefour’s practices during its 2016 negotiations with suppliers, the statement said.
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