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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.
Kenya has concluded the acquisition of a 40 per cent stake in UK-owned currency printing firm, De La Rue, at Sh650 million, putting an end to one of the country’s most controversial joint venture transactions.
A dip in the value of the Sterling Pound linked to ‘Brexit’ resulted in Sh100 million savings for Treasury as the buying price is in British currency (£5 million).
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