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The Standard e-Paper
Truth Without Fear
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.
Fewer orders, late payments, and defaults are the key issues small businesses in Nairobi are grappling amid a biting liquidity crunch.
Small and Medium Enterprises (SMEs) ranging from merchandise supply to service providers are struggling to stay afloat, with the latest financial sector stability report showing that half of Kenyans who take goods from shopkeepers on credit either delay in making payment or default altogether.
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