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 Central Bank of Kenya's Monetary Policy Committee will meet on July 25 to set its benchmark lending rate, the bank said on its website.
The committee surprised the market on May 23 by cutting the rate by 100 basis points to 10.5 percent, saying inflation was expected to decline further.
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