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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.
Recently, we predicted in the Financial Standard that the proposed Eurobond issue of Sh202 billion by Kenya in the US and Europe will be successful because liquid investors are willing to take the risk, particularly when it is the State that is borrowing.
The assumption is that governments are not expected to default on their sovereign debt.
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