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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 shilling rallied to a new high on Thursday against the dollar, raising fresh hopes of an end to a currency crisis involving the steep decline in its value, which has been causing negative ripple effects throughout the economy.
It hit a new high against the dollar on Thursday, after Kenya booked billions from global investors to pay off an upcoming Eurobond signalling easing inflation and lowering the cost of imported goods.
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