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.
World Bank offices. Global lender cautions risks abound, with several commercial loans falling due next year. [Reuters]
Rising borrowing costs and tougher market conditions could mean that the government will struggle to refinance upcoming maturing debt, the World Bank says in a new report on Kenya.
"Overall public debt remains sustainable; however, risks persist," says the World Bank in its latest regular Kenya Economic update released on Wednesday.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access