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The Standard e-Paper
Truth Without Fear
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.
Guaranteeing someone a loan means you shoulder the burden in case of default. Similarly, Kenya has given guarantees to private businesses worth billions of shillings aimed at encouraging investments. The cash is not necessarily a debt as it is not factored in the Sh4 trillion owed to foreign and local lenders who fund budget shortfall.
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