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.
For Enko, it became a race against time to close every governance lapse in STL and save their investment from further losses. [iStockphoto]
Investing, according to the late American economist Paul Samuelson, should be more like watching paint dry or watching grass grow.
Mr Samuelson advised those seeking excitement to take $800 (Sh95,000) and go to Las Vegas - a major resort city, popular for gambling, shopping, fine dining and nightlife.
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