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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 fears that many Kenyans had expressed about Kenya’s strategic assets being controlled by foreigners may have come to pass after the completion of the Kenya Pipeline Company’s Initial Public Offer, which saw Uganda emerge as a key shareholder.
Uganda, through its national oil company, will now own 20.15 per cent of KPC, a significant stake in the entity that runs the fuel transport and distribution infrastructure, ensuring security of fuel supply in Kenya.
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