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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.
Kenya's medium-term fiscal consolidation, critical for any potential ratings upgrade and access to more affordable international capital, is likely to get more challenging, Moody's Ratings has warned.
The assessment by the global ratings agency issued on Wednesday signals significant headwinds for the Kenyan economy, which is slowing and battling a raft of headwinds.
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