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.
President William Ruto during the Hustler Fund launch in Nairobi, on November 30, 2022. [File, Standard]
The government is on the verge of losing Sh7 billion loaned to 13 million Kenyans under the Hustler Fund Programme.
It has emerged that the Sh7 billion was not insured and the government is yet to implement a full proof recovery mechanism to ensure that the funds are not lost through non-repayment.
Get Full Access for Ksh99/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access