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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.
Kenya's private sector activity stagnated last month as firms reported a drop in output and new orders mainly due to weak consumer demand ahead of a national election in August.
The Markit Stanbic Bank Kenya Purchasing Managers' Index (PMI) dropped to 49.9 from 50.3 the previous month, falling below the 50.0 level which separates growth and contraction.
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