Dennis Galava, who has been in charge of the daily editions (Monday to Friday), is understood to have resigned three months.
Standard Editor in Chief Ochieng Rapuro moves to replace sacked Managing Editor a day after the media house trimmed its numbers
Media grim reaper strikes again. This time at Standard Group where retrenchments are becoming all too frequent
The media industry has been susceptible to COVID-19 since March which could be attributed to journalistic assignments that require interactions with news sources and interviewees
Standard Group has seen its share price plummet from an all-time high of Ksh31.00 to Ksh18.00 per share over the past 52 weeks.
Standard journalists barred from taking sides in “controversial subjects” on social media as media house drafts guidelines for its editorial staff
Faced with a cash crisis, it is understood Standard is struggling to pay sacked employees their dues.
While NMG gain is some sort of consolation, its stock has lost it’s biggest value this year.
A month ago Mohamed Jaffer’s lawyers wrote to Standard Group demanding an apology over an article it published on 11th August.
The Standard reported that Maritini Free Port Ltd, a company owned by Mr Jaffer, had irregularly received the money in 2015.