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The Standard e-Paper
Kenya's Bold Newspaper
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.
Borrowers can heave a sigh of relief after the Central Bank of Kenya retained the benchmark rate at nine per cent for the second time since lowering it in July.
The apex bank, which was under pressure to increase the rate following bullish oil prices and rising inflation pushed by consumption tax on oil, held off an upward review in the wake of a surprise dip in oil prices.
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