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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 March-to-June period saw a number of prospective buyers return to the market, some of whom had previously put their plans on hold due to the uncertainty over the implementation of capital gains tax (CGT). This is according to the Knight Frank Prime Global Cities Index (PGCI).
A recent disclosure by the Ministry of Lands confirmed intricacies around the collection of the CGT for property transactions alongside stamp duty.
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