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 and Tanzania currency notes. [Caleb Kingwara, Standard]
“Revenue is vanity, profit is sanity, but cash is king.” Unknown
Have you ever come across people who are very asset-rich but cash-poor such that they are unable to meet some of their expenses within a short period of time? The profits only make sense if they translate to money in their bank account. Most people who have run successful businesses capitalise on the cash flowing into the business as it can help them easily qualify for a bank loan.
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