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 (CBK) Governor Kamau Thugge. [Boniface Okendo, Standard]
Kenya has ruled out issuing a new Eurobond to refinance the $2 billion (Sh296 billion) Eurobond that is just seven months away from maturing in June next year.
The government now says the global credit market conditions are not conducive for the issuance.
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