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 government can sell State-held freehold titles to leasehold property owners to raise billions. [iStockphoto]
Alarm bells must be ringing in government. Make no mistake; Kenya is on the edge of a financial crisis as government plays whack-a-mole with a record debt of over Sh8.6 trillion.
Add a worsening global economy, with the stage set for an economic and potentially military showdown between the US and its allies and Russia, China and theirs. There is little obvious light ahead.
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