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The Standard e-Paper
Kenya’s Boldest Voice
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.
Dollar-denominated debt of African oil and commodity exporters came under pressure on Tuesday, with investors pushing premiums demanded over less risky assets to new highs as a fresh rout in crude prices and China’s woes rattled emerging economies.
Oil prices resumed their slide, with US crude falling below $37 per barrel and Brent below $40 for the first time since early 2009 amid a global supply glut.
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