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.
Ever since devolution kicked in three years ago, there have been fears that things could go wrong with the new units. These fears grew with the zealousness with which some of the devolved units were throwing money at what many would consider non-essential initiatives.
The Controller of Budget is once again raising the red flag; recurrent expenditure is taking a huge slice of the devolved funds. In the period between July and September 2015, salaries and allowances soaked up 56 per cent of the Sh56.48 billion drawn from the County Revenue Funds, up 4 per cent from the year before.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.