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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 Reinsurance Corporation (Kenya Re) has issued a profit warning on account of higher claims and impairment of assets meant for sale.
The company yesterday warned forex losses in some of its markets an unexpected reduction in income from associates is expected to cut revenues drastically.
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