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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.
Daggers have been drawn at Central Bank of Kenya (CBK) over a lucrative Sh25 billion contract to print new generation currency, The Standard on Sunday can report.
At the same time, local politically connected cartels and foreign multinationals are locked in a vicious battle to defeat Government’s efforts to lower the price of printing the currency. The contract to print the new notes has split the top bosses at CBK right down the middle as they jostle and lobby on behalf of interested parties and multinationals.
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