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.
The Kenyan shilling is expected to remain stable in the coming week due to thin importer and corporate dollar demand meeting with some inflows from the horticulture and tourism sectors.
Commercial banks quoted the shilling at 100.90/101.00 per dollar yesterday morning, the same level as last Thursday’s close.
A trader at a leading commercial bank said the shilling would trade stable because appetite for hard currency was “at the moment... a bit quiet,” while inflows from tourists and exporters of flowers were offering support