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.
President William Ruto, accompanied by Cabinet Secretary Wycliffe Oparanya and Principal Secretary for the State Department of Cooperatives, Micro, Small, and Medium Enterprises Susan Mangeni, during the second anniversary celebrations of the Hustler Fund at KICC, Nairobi, on December 9, 2024. [PCS]
MPs have raised concerns about the limited control that the government has over the operations of the Hustler Fund.
They noted that the State-run fund that advances micro-loans to Kenyans and small businesses is controlled by other companies and not the secretariat that was set up to manage the fund.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access