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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.
Increased focus on the ability of the Government to settle debts was heightened on Thursday as Finance Cabinet Secretary Henry Rotich deflected a possible downgrade in Kenya’s risk profile.
Global credit rating Moody's has put Kenya’s at B1 long-term rating for a downgrade citing persistent, large, primary deficits and high borrowing costs continue to drive Government indebtedness higher.
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