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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 aftershocks of the 2016 crisis that hit pan-African mortgage lender Shelter Afrique seem to be still being felt two years on.
The bank has gone to creditors to have its short-term debt restructured, attributing the crisis to loss confidence that saw lenders abandon the mortgage firm.
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