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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.
Nakumatt City branch at Mega City in Kisumu on April 9, 2018. [File, Standard]
A decade ago, when Nakumatt Holdings was going under after choking in huge debts, the retailer had Sh4.8 billion in its books held in commercial paper.
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