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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 United States (US) President Joe Biden's administration, led by his Trade Representative Katherine Tai, has raised concerns about the persistent corruption in Kenya, which it believes is hindering American investments in East Africa's largest economy and a strategic ally of Washington.
Despite Kenya's status as an Agoa (African Growth and Opportunity Act) eligible country and its efforts to maintain a market-based economy and attract huge foreign direct investments, the Office of the US Trade Representative (USTR) pointed to corruption as a major barrier to American businesses looking to expand their footprint in the Kenyan market.
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