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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 surge in Kenya’s oil import bill has eaten into the country’s export earnings, exerting pressure on the local currency.
While the amount of money spent by Kenya on oil has risen by 70 per cent - from Sh48.4 billion in the second quarter of 2016 to Sh82.1 billion in the same quarter in 2018 - exports increased by a paltry six per cent.
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