The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print
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leading multi-media house in Kenya with a key influence in matters of national and international interest.
Banks are continuing to steeply increase the cost of loans, with interest rates expected to go beyond 20 per cent, leaving borrowers with a massive debt servicing burden.
The increments come at a time when the high cost of living is already squeezing Kenyans hard.
The lenders are taking a cue from the recent increase of the...
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