Tag: Orlando Lyomu
Standard Group CEO Teaser Keeps Employees Guessing Ahead Of Crucial Staff Meeting
The Standard Group CEO staff communication meeting, scheduled for Wednesday 16th August 2023, is expected to be a turning point for Standard Group, Kenya’s second biggest newspaper company that is facing financial difficulties.
Orlando Lyomu Kicked Out As Standard Group CEO
The exit comes barely a fortnight after a crucial board meeting that sealed Lyomu's fate.
Tension As Standard Group Board Pushes CEO In a Tight Corner
Tension is high tension within Standard Group top management as the board meets today to chart a new direction for the media company.
Record Loss Pushes Standard Group To The Brink
The Standard, had its loss balloon to Ksh1 billion for the period ending December 2022, from just Ksh22 million in 2021. It's the biggest loss in its over 120-year history.
Broke Journalists Sleep In The Office After Pay Delays For 3 Months
The financial situation at Standard Group is getting dire by the week. While employees are getting used to salary delays, the reality is beginning to sink in: day by day they are getting broke and broke.
Mass Sacking At Standard Media Targets 200 Employees, Including Top Journalists
Standard Group has been struggling financially in the last five years, oscillating between losses and little profits, all blamed on management that has focused so much on expansion at the expense of viability of projects.
Standard Group Gives Staff Pay Slips Without Salary
Standard’s HR department led by Nicholas Siwatom is having a nightmare managing staff expectations and an even bigger problem when recruiting as the group is increasingly becoming unattractive to top talent.
Standard Group Restores Full Salaries, But Road To Profitability Remains Bumpy
The company’s management is cautiously optimistic, however, saying the business still faces challenges as Covid-19 continues to shake the country and media consumption and advertising trends shift. Standard Group posted a Ksh434 million pre-tax loss for the year ended 31st December 2020, an improvement from Ksh684 million loss recorded in 2019.Â
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HEALTH
Whipped and Stripped! A Survivor’s Tale of Harrowing Brutality in a Mental Hospital
The lack of a long-term vision and inadequate resourcing of mental hospital infrastructures continues to take a toll on Kenya’s mentally ill patients.
BUSINESS
Dubai Agency Picks Top Influencer Marketers to Lead Kenyan Operation
This strategic move is in line with indaHash vision to cement its presence in Africa, following its impactful footprint in South Africa since 2017 and successful collaborations with clients like the South African Tourism Board.
SPORT
SportPesa to reward Customers in Cash-Filled Festive Promotion
Running from December 4th to 25th, the SportPesa campaign promises daily excitement with six lucky winners expected to walk away with Ksh5,000 daily.
PERSON OF INTEREST
Captain William Ruto: President’s Namesake With a Decorated Career
Captain William Kipkemboi Ruto is officially known by the name William Ruto, which also happens to be President William Samoei Ruto’s official name.
SMART MONEY
Amazing Origin of ‘Pesa’ and How Shilling Overtook Foreign Currencies
With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.