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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 Central Bank of Kenya (CBK) has revealed that approximately $600 million (Sh77 billion) of the country's foreign exchange reserves is currently encumbered, meaning it's tied up as collateral for various financial commitments.
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