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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.
Kenya’s shilling has held firm against the dollar this year, supported by a shrinking trade deficit, higher transfers from workers abroad and an economy that has escaped the beating taken by others in Africa from weak commodity prices.
The shilling has been a sturdy performer among the main traded currencies on the continent in 2016, and weakened less than many others in 2015 as well. By 1008 GMT on Thursday, the shilling was quoted at 101.45/65 to the dollar, holding gains of 0.7 percent since the start of 2016.
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