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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 central bank of Kenya has lowered its lending rate to 7.25 from 8.25 to cushion borrowers from the effects of coronavirus
The bank's Monetary Committee met on Monday and noted that the global economic outlook is uncertain due to the pandemic, it, however, could not reveal the extent of the adverse effects on the Kenyan economy because it is still evolving.
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