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.
"How much could a banana republic cost?" Olufemi Taiwo, an assistant professor of philosophy at Georgetown University once asked.
He was referring to a time in the 1950s, the United Fruit Company - an American multinational attempted to buy Guatemala. And when Jacobo Arbenz, President of Guatemala refused to be bought, United Fruit got the CIA to do a coup on him. O Henry in his book 'Cabbages and Kings' coined the phrase "Banana Republic". He referred to Honduras as a "small time banana republic".
Not so much because the economy of Honduras relied entirely on bananas. But more because of the influence US agricultural companies had over the Honduran state.
Facts First
This story continues on The Standard INSiDER. Subscribe now for unfiltered journalism that holds power to account.
Already have an account? Login
join