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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.
The public and private sectors borrowed Sh452.87 billion last year to push the amount they owe banks to Sh2.799 trillion, latest 2016 Economic Survey data shows.
The credit, which is 19.3 per cent more compared to Sh2.34 trillion borrowed in 2014, was mainly driven by increased borrowing by national government and some businesses in the private sector.
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