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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.
Motor vehicle dealers and industry stakeholders are struggling to remain profitable as the Kenya shilling continues to fall against the US dollar, eroding profit margins and increasing the cost of doing business.
The Shilling on Tuesday hit an all-time high of Sh130 against the US dollar, plunging importers already strained by disruptions in the global market into further turmoil.
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