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Resolved1 update Updated May 4

Analysis : Standard Media Group a Victim of Mismanagement and Impunity

There is big trouble at the Standard group that has now retrenched 90 workers . More workers are expected to go  . According to sources 300- 400 People will be Retrenched . So what is going on ? The Standard media group calls it restructuring and cutting costs but  many Kenyans are seeing mismanagement and Impunity . S

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Analysis : Standard Media Group a Victim of Mismanagement and Impunity

There is big trouble at the Standard group that has now retrenched 90 workers . More workers are expected to go . According to sources 300- 400 People will be Retrenched . So what is going on ? The Standard media group calls it restructuring and cutting costs but many Kenyans are seeing mismanagement and Impunity . Standard Group Kenya Half-Year pre-tax profit drops by 89.59% to Ksh 21.36M compared to 2014's Ksh 205M Rumor doing the rounds is that the Standard shareholders are planning to replace Sam Shollei who may run down the once profitable Group . Shollei has been accused of using the Standard media group to fight the Judiciary after his wife was kicked out . But some industry players have argued that the standard and Nation media group...

Source: nyakundireportblog