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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.
Seven shillings out of every 10 collected by the Kenya Revenue Authority (KRA) in July went into repaying Kenya’s Sh5.01 trillion debt.
According to the latest figures by the Treasury, the taxman raised Sh98 billion last month out of which Sh68 billion was spent on paying off creditors - putting the share of debt to revenue at 69 per cent.
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