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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.
After remaining stable in 2016 and going down by a paltry 0.1 percent against the U.S. dollar, the Kenya shilling is expected to be under intense pressure in 2017, analysts have noted.
The currency hit a 15-month low at the end of last week, trading at 103.6 against the dollar following sustained demand from multinationals and oil importers. The level was last seen in October 2015, when it hit a low of 104.10.
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