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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.
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How big firms are sucking smaller ones dry

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 A majority of the parties involved do not have written contracts. [iStockphoto]

Running a business in Kenya can be an extreme sport. You not only have to deal with in-house challenges like inadequate funding and attracting the right talent but also external issues that involve the government and how other businesses treat you.

While your contribution to the economy does not go unnoticed when the Gross Domestic Product (GDP) numbers by the State statistician Kenya National Bureau of Statistics (KNBS) come out, you are likely to be unnoticed by large corporations that seek your service –particularly when it comes to payment for services or goods you have offered.

Borrowing to keep afloat

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