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 new currency notes released by the Central Bank of Kenya. Their introduction is touted to target money laundering and tax evasion. [Wilberforce Okwiri, Standard]
Individuals hoarding proceeds of corruptions are some of the biggest losers as Central Bank rolls out new currency.
From October 1, the old Sh1,000 notes will cease being legal tender, effectively rendering them worthless pieces of paper.
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