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The Standard e-Paper
Kenya’s Boldest Voice
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.
Kenya is undergoing unprecedented economic strain. This is as a result of an economic recession exacerbated by the Covid-19 pandemic; an external debt burden that takes up a huge chunk of our revenue; huge recurrent expenditure and runaway corruption that takes up a third of our revenue according to the office of the Auditor-General.
In February 2018, the International Monetary Fund (IMF) advised Kenya to formulate clear policies to address the “debt vulnerability”, which could rise further if we continue our borrowing trends.
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