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The Standard e-Paper
Kenya’s Boldest Voice
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 proposal by National Treasury Cabinet Secretary Henry Rotich for banks to increase their minimum core capital progressively for the next three years has opened a new opportunity for micro-finance institutions, investment clubs, Savings and Credit Co-operatives and other lenders to grow and increase their business volumes.
The picture looks rosier for those targeting the yet-to-be-explored, lower tier of the income pyramid.
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