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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 Kenyan government has won a $600 million (Sh62.1 billion) court battle against a US-based firm which had lodged a case after cancellation of a licence to explore geothermal at Suswa geothermal fields.
The dispute now unveils an untold story that WalAm Energy Inc, a firm which had sued Kenya before International Centre for Settlement of Investment Disputes (ICSID) in London for breach of contract, had no resources to carry out the massive project.
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