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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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The appreciation of the Kenya shilling is great news. Because the country relies on raw materials for its domestic production, a stronger shilling leads to cheaper or more affordable goods.
A favourable exchange rate means interest rates are either held constant or lowered. Inflation is also easier to contain within the desired limits. Further, foreign investors are attracted when the shilling provides them more bang for their buck.
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