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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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Kenyans looking to borrow money or servicing existing loans are bracing for tough times ahead after the country's big banks started a fresh round of raising lending rates yesterday in response to what they term a tough economic climate.
The move will, in turn, make loans more expensive, squeezing budgets and dampening investment, analysts said.
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