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The Standard e-Paper
Kenya's Bold Newspaper
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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It's a financially challenging time for most households. With interest rates rising, many are spending even more money on debt repayments or taking out loans to help make ends meet.
A report released recently in South Africa, compiled by one of the country's biggest banks, found that 42 per cent of South Africans, across various income levels, cannot manage their debt. This indebtedness has caused 67 per cent of the respondents to worry about their debt to the point that it negatively affects their mental health.
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