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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.
The banking regulator has dealt a massive blow to President William Ruto's ambitious dream of offering cheap credit to businesses and individuals, a year and four months into his presidency.
Borrowers are staring at expensive loans after the Central Bank of Kenya (CBK) increased its benchmark lending rate by 50 basis points to 13 per cent.
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