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.
Treasury Cabinet Secretary Henry Rotich sets out elaborate, but punitive tax measures to hammer low and middle income earners hard, but ironically grants huge breaks to the the rich.
The Government is planning to raid the pockets of citizens, who are already among the world’s most highly taxed people, to raise more money.
According to a National Treasury brief sent to the country’s largest lender, the International Monetary Fund (IMF), Kenya is seeking to raise Sh64 billion through taxation of basic commodities.
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