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.
Central Bank of Kenya Governor Patrick Njoroge during an interview. [David Gichuru/Standard]
The weakening of the shilling is turning into a double-edged sword for Kenyans, with some smiling to the bank as others stare at a gloomy festive season.
At the close of business on Friday, the local currency was trading at Sh108.8 against the dollar, a substantial loss of ground against the greenback.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access