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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.
The Kenyan shilling weakened Wednesday on energy sector demand for the US dollar, but traders said it would get support from inflows to the tea sector and from offshore investors buying Government bonds.
High yields on government securities have fuelled foreign demand, especially for short-dated papers, bringing in dollars and leading to high subscription rates.
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