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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 is at risk of defaulting on its external loans, with the World Bank comparing it with countries that are highly indebted.
In its latest statistics on external debt, 2019, the global lender has noted that Kenya’s future debt service payments will rise steeply in the next three years, the same way Ghana’s, Zambia’s and Ethiopia’s did. The three are teetering on debt default.
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