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The Standard e-Paper
Kenya’s Boldest Voice
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.
Global ratings agency Moody's upgraded Kenya's sovereign credit rating on Tuesday, delivering a second boost in days for President William Ruto's cash-strapped administration and improving its prospects for accessing cheaper international credit.
Moody's lifted Kenya's long-term foreign currency issuer rating to "B3" from "Caa1," citing a reduction in the near-term risk of default.
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