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.
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Business
More pain for borrowers as key lending rate hits five-year high
CBK raises base lending rate from 8.75pc to 9.50pc citing rise in food inflation and elevated global risks; the highest rate increase in almost five years.
By Brian Ngugi
2h ago
The ministry advertised for a firm to manage the multi-million-shilling facility, contradicting its own guidelines seeking to cut non-essential spending by State agencies, seeking to save Sh300b.
By Brian Ngugi
Mar. 28, 2023
CBK top decision-making organ will tomorrow hold its second monetary policy meeting this year, with how to wrestle down rising inflation and the raging currency crisis set to top its agenda.
By Brian Ngugi
Mar. 28, 2023
He now engages in dubious operations in Dubai, according to an Al Jazeera expose. The mega scandal in Kenya led to charges of corruption against the businessman.
By Brian Ngugi
Mar. 27, 2023
Deal appears to have been structured to benefit certain players along the supply chain. The State had hoped to reduce demand on the dollar by accessing petroleum products on credit.
By Macharia Kamau
Mar. 27, 2023
Tea authority says prolonged drought has led to suppressed harvest of tea this year. Says shortage of US dollars to be blamed for poor export to major markets like Pakistan.
By Timothy Kariuki And Amos Kiarie
Mar. 25, 2023
Central Bank of Kenya (CBK) data shows the shilling exchanged at an average of 130.9941 on Thursday against the dollar – a new historic low.
By Brian Ngugi
Mar. 25, 2023
New rates will be a 58 per cent increase from the current tariff. Epra, however, says there’s an overall reduction in the cost of power for vulnerable.
By Macharia Kamau
Mar. 25, 2023
The Standard Group PLC on Friday, March 24 announced the appointment of Thomas Omondi Achola as the company’s Non-Executive Director.
By Brian Okoth
Mar. 24, 2023
Good news to region as two firms announce upward revision of payments to farmers. Cane Pricing Committee proposed an increase per tonne from Sh4,480 to Sh4,584.
By Jackline Inyanji
Mar. 24, 2023
Kenya Private Sector Alliance (Kepsa) warned that such calls will hurt an economy primed for recovery and could lead to numerous job losses.
By Peter Theuri
Mar. 24, 2023
Experts say Azimio-led demos could complicate an already delicate business environment. In 2016, 44 per cent of the businesses felt that economic conditions had worsened.
By Peter Theuri
Mar. 23, 2023
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Latest
Health & Science
By Sharon Wanga
Mar. 28, 2023
Health & Science
By Peter Theuri
Mar. 27, 2023
Health & Science
Mar. 27, 2023
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