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The Standard Group Plc is a
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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.
Uganda cut its key lending rate for the first time in six months yesterday, with the central bank citing easing inflationary pressures, weaker-than-thought household consumption and a stronger-than-expected local currency.
Governor Emmanuel Tumusiime-Mutebile said the Bank’s Monetary Policy Committee was cutting the Central Bank Rate by 100 basis points to 11 per cent.
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