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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.
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The government sidestepped an economic landmine after settling a crucial instalment on one of its maturing international bonds through a last-minute interest payment.
The National Treasury told jittery investors on Thursday evening that it had made a Sh10.8 billion "coupon" payment for the $2 billion (more than Sh312 billion) Eurobond ahead of the last international banking working day.
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