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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.
The country is grappling with a deepening household debt crisis as a significant surge in Non-Performing Loans (NPLs) – commonly known as "bad loans" – signals widespread financial distress among ordinary families.
This has forced commercial banks to ramp up aggressive recovery efforts that could leave countless households destitute.
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