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The Standard e-Paper
Fearless, Trusted News
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.
Investors have been forced to take a huge haircut on their money following a volatile economic environment that has seen majority park their billions of cash in fixed deposit accounts and government securities.
Latest data from the Central Bank of Kenya (CBK) shows that cash in fixed deposits attracted a median return of 6.96 per cent in May.
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