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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.
A British firm has acquired a majority stake in diaspora-backed Choice Microfinance Bank that has been in losses since 2015.
The National Treasury has cleared Wakanda Network Ltd—a private limited company that was incorporated in London in February last year— to take up the stake.
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