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.
In 1993, months after the general election, Kenya’s inflation figures had hit a record high of 50 per cent and the government was going bust.
The Gross Domestic Product (GDP) had stagnated for three years and agriculture — the country’s economic mainstay — had shrunk to an annual growth rate of 3.9 per cent.
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