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The Standard Group Plc is a
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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.
Barclays Bank of Kenya is fighting to prevent a possible bank run after it emerged that its parent company is considering selling its stake in Africa.
The Financial Times reported last week that Barclays would announce the sale of its shares in Barclays Africa Group Limited (BAGL), which is the Johannesburg-listed firm that manages the lender’s African units.
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