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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.
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On Friday, global rating agency Moody's downgraded Kenya's rating one notch down, heaping more pain on the already battered economy.
Moody's also maintained a negative outlook, meaning another downgrade could follow if the economy performs worse or government debt rises faster than expected.
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