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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.
Standard Bank Group Ltd Ugandan unit plans to raise $3 billion (Sh309 billion) for a crude pipeline by the second half of next year as the country prepares to start oil production by 2020.
Stanbic Bank Uganda was appointed alongside Japan’s Sumitomo Mitsui Banking Corp as joint financial adviser for the 1,445-kilometre (898-mile) pipeline, Patrick Mweheire, the chief executive officer of the Kampala, Uganda-based business, said in an interview.
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