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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.
Commercial banks in Kenya have maintained stiff opposition to the Banking Amendments Act 2016 introducing interest rate capping as they continue to lobby to have them repealed.
The lenders have received support from the International Monetary Fund which recently listed repealing the rate cap as one of the conditions for continued monetary support to Kenya.
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