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.
Vandalised Quickmart supermarket in Mlolongo, Machakos County, July 12, 2023. [Samson Wire, Standard]
It is difficult to sustainably run a business in a volatile environment. This is especially the case for majority of small and medium enterprises (SMEs).
Their operations are majorly owned by sole proprietors and may not have adequate reserves to withstand material disruption from economic shocks and other eventualities such unavailability of the business owner due to death or illness.
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