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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.
The Kenyan shilling fell nearly 1 percent to a one-month low against the dollar on Friday on piled-up demand for the U.S. currency after electronic trading was disrupted in the country for two days.
A cut in an inland fibre optic cable on Monday affected Internet service providers and by Wednesday had interrupted normal trading of the commercial banks.
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