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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 Government is the chief beneficiary of the rate cap law and is now borrowing cheaply otherwise without the limit, the market would have charged a premium.
Banks do not have excess money, especially following a monetary policy move by the Central Bank of Kenya to mop up liquidity to guard against currency jitters.
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