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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.
A decision to go back to the Eurobond market in just six months has come back to haunt Kenyan taxpayers as debt repayments jumped 34 per cent.
Almost half of all the revenues the Kenya Revenue Authority (KRA) collects will go towards paying debt as the December 2014 Sh75 billion tap sale and two syndicated loans mature.
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