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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 shilling edged up against the dollar on Monday, remaining close to its highest level in more than 19 months, mainly due to portfolio flows and reduced political risk.
At 0606 GMT, commercial banks quoted the shilling at 100.70/90 per dollar, compared with 100.85/101.05 at Friday’s close. Investors abroad have been putting their dollars into Kenya’s debt market this year.
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