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.
Kenya relies heavily on diaspora remittances for household incomes and foreign exchange stability. [Courtesy]
The financial stability of Kenyan households and the broader national economy are under increasing strain following a sharp decline in crucial diaspora remittances in June 2025.
This significant month-on-month drop coincides with an escalating US immigration crackdown under President Donald Trump, directly impacting the ability of many Kenyans abroad to support their families and contributing to a wider economic downturn.
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