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.
President William Ruto speaks after launching projects in Chogoria, Tharaka-Nithi County, July 13, 2023. [Phares Mutembei, Standard]
Rising borrowing costs and tougher market conditions could see the embattled government struggle to refinance upcoming maturing debts.
This is against a backdrop of the weaker credit rating by global rating agencies, signalling taxpayers will have to dig deeper into their pockets to service the planned loan amid tighter global loan market conditions.
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