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The Standard e-Paper
Kenya's Bold Newspaper
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.
Banks have started steeply increasing the cost of loans, with projections that interest rates could reach unprecedented levels of nearly 30 per cent, a record rate last witnessed two decades ago.
This is expected to leave borrowers with a massive debt servicing burden when the high cost of living is already squeezing Kenyans hard.
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