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The Standard e-Paper
Kenya's Bold Newspaper
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.
The mystery surrounding the rushed deal in which the government acquired Telkom Kenya from UK firm Helios Investment Partners just days before last year's elections further deepened yesterday as it emerged the company was willing to take partial payments.
The National Treasury on August 5 paid Sh6.1 billion for a 60 per cent stake in the telecommunications company without first seeking approval from Parliament. The transaction saw the government assume whole ownership of the company.
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