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The Standard e-Paper
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The Standard Group Plc is a
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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 fact that our country spends 12 per cent of its GDP on wages against an international average of 7 per cent is something to worry about because the implications are stark.
As we indicate in a special report in this newspaper, Sh458 billion goes to paying salaries and wages. This puts the recurrent expenditure at an estimated 70 per cent of total revenue per year.
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