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The Standard e-Paper
Kenya’s Boldest Voice
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.
Kenyans are staring at heavy taxation in the next financial year as the National Treasury moved to increase budgetary allocation to fight insecurity. The exchequer will also have to borrow heavily from domestic and foreign money markets.
According to 2015/16 Budget estimates released on Thursday, the Treasury plans to raise spending by 25 per cent to Sh2.17 trillion in the financial year starting July, with the bulk going to energy, infrastructure and telecommunications.
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