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The Standard e-Paper
Kenya’s Boldest Voice
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.
The Central Bank of Kenya (CBK) on Wednesday slashed its economic growth forecast for the country for 2026, warning that the escalating Middle East conflict is driving up oil import costs and destabilising supply chains.
The downward revision marks a significant blow to President William Ruto’s administration just 18 months before a general election, threatening his cornerstone promises to create millions of jobs and lower the cost of living for struggling households.
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