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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's government is failing to pay many of its contractors on time, as corruption drains funds for legitimate projects from state coffers, suppliers and officials say.
The late payments are in turn hitting the financial sector, where non-performing loans have jumped this year to their highest level in more than a decade.
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