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 Airways CEO Mbuvi Ngunze announcing financial results for the year ending March 2015, in which the company made a Sh25.7 billion loss. (Photo:Wilberforce Okwiri/Standard)
NAIROBI, KENYA: As you are all aware, our national carrier the Kenya Airways has run into serious turbulence. KQ declared a record Sh25.7 billion loss yesterday. And as you can see, we fear the worst may be yet to come for KQ. We do not want to contemplate the collapse of Kenya Airways. It must not happen.
At the same time, the auditor general has exposed massive a continuing tale of rot and mismanagement of public finances by the National Government. The Jubilee regime is unable to account for more than Ksh66 billion.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.