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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.
Kenya will be spending more than half of the collected taxes on repaying loans starting next year, in a shocking reality following an era of aggressive borrowing.
It could get worse should the Kenya Revenue Authority (KRA) fall below the collection targets, with loans including the Sh20 billion Eurobond starting to fall due.
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