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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.
Mineral wealth should be a blessing not a curse. That, at least, is what Kenya, Uganda and Tanzania are hoping for from their recent discoveries of vast oil and natural gas reserves.
Kenya’s economy has not historically been known as an exporter of oil or minerals. According to Government estimates, extractives currently contribute just 1 per cent to Kenya’s GDP, which amounts to less than 2 per cent of total export revenues.
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