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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.
The recent ban on the exchange of the Kenyan currency by the Tanzanian and Ugandan governments has wiped out its value at the border points.
A spot check by The Standard at the Busia border yesterday revealed that the Kenya shilling, which had been exchanging at 37 units of the Uganda shilling, now can only fetch you 32 units.
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